Bob Diamond and Larry Kantor's latest Worth article on Inflation

We are on the downside of this business cycle, whether it ends up being designated a recession or not. The important questions are how long it will last and how bad it will get. There are sound reasons to believe that the U.S. economy will not crash like it did during the financial crisis. But this resilience suggests that the Fed will need to maintain a restrictive policy for many months, implying that a weak economy and difficult financial markets are likely to be with us for some time, possibly through next year.

Worth - Bob Diamond and Larry Kantor