States where unemployment claims are increasing the most

ASU expert says pausing interest rates could prevent a recession.

In this story published June 8, 2023, on WalletHub:

We know that the Fed is still raising interest rates to fight inflation. As long as they keep their foot on the brakes, there is a risk of a recession. The good news is that there are no definitive signs of a recession right now, but as long as the Fed tries to slow the economy as a way to bring the inflation rate down, the risk is there.

– Daniel Marburger, clinical professor of economics