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Jerome Powell testifies before the Senate Banking, Housing and Urban Affairs Committee on his nomination to become chairman of the U.S. Federal Reserve in Washington, U.S., November 28, 2017.

Reuters/Joshua Roberts

  • The Fed has no choice but to push the US into a recession, TD Securities strategist Pirya Misra said.
  • That's because strong data will force the central bank to remain aggressive and pull economic activity lower. 
  • Misra predicted rates would reach 5.25-5.75% this year, and a downturn could hit the economy by midyear.

The Federal Reserve now has no choice but to push the US into a downturn in order to bring down inflation, according to TD Securities strategist Priya Misra.

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Markets, MI Exclusive, recession warning, recession 2023, recession outlook, US economic outlook, Hard Landing, fed inflation, 2023 inflation outlook, fed interest rates, Fed pivot, Fed rate hikes, rising interest rates
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The Fed now has no choice but to push the US into a 'hard landing' recession to…