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Minutes of March FOMC meeting reveal staff now predict a 'mild recession' starting later this year.
Rate-sensitive housing market buckles up after the Fed tries again to slow the economy.
Better-than-expected employment figures point to Fed raising rates in 2 weeks.
Rate hike is 8th since March 2022.
CPI report shows YOY rate at 6.5%, down from 7.1% in November.
Federal Bank of Minneapolis CEO offers thoughts on why Fed was wrong on inflation, and how to fix it.
