Department of Finance

FSU economist sees economic slowdown as ‘best-case scenario’

A recession likely looms from the Federal Reserve’s attempts to control inflation through interest-rate increases, according to Florida State University economics professor Randall G. Holcombe. “The best-case scenario would be an economic slowdown,” said Holcombe, the DeVoe Moore Professor of Economics. “Economic growth would slow, with minimal effects on unemployment. Even so, expect the unemployment […]