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Paul Krugman says the U.S. is headed for a possible recession and the Fed won’t be able to combat it

Paul Krugman says the U.S. is headed for a possible recession and the Fed won’t be able to combat it

February 11, 2019 - by Rose Michaels

Noble laureate Paul Krugman said the U.S. economy may be heading into a recession at a time when the Federal Reserve doesn’t have the firepower to properly combat a slump. “There seems to be an accumulation of smaller problems and the underlying backdrop is that we have no good policy response,” he said in a…

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