Pressure increases on Fed as inflation rises
UC economist tells ABC News that likelihood of recession goes up as interest rates increase
United States policymakers are trying to delicately balance taming rising inflation while avoiding a recession as inflation continued to rise in June.
Hernan Moscoso Boedo, PhD, associate professor of economics at the University of Cincinnati Carl H. Lindner College of Business.
The consumer price index rose to 9.1% in June, the largest 12-month increase since December 1981, ABC News reported.
The Federal Reserve has increased interest rates, aiming to reduce inflation by slowing down the economy and decreasing demand.
"The million dollar question is how hard the Fed has to apply the brakes," said Hernan Moscoso Boedo, an associate professor of economics in the University of Cincinnati’s Carl H. Lindner College of Business.
Moscoso Boedo said the continued rise of inflation "will put more pressure on the Fed to increase the interest rate more than expected, and that increases the possibility that the U.S. is going to enter a recession.”
Featured image at top: The Carl H. Lindner College of Business. Andrew Higley/UC Marketing + Brand
Next Lives Here
The University of Cincinnati is classified as a Research 1 institution by the Carnegie Commission and is ranked in the National Science Foundation's Top-35 public research universities. UC's medical, graduate and undergraduate students and faculty investigate problems and innovate solutions with real-world impact. Next Lives Here.
Related Stories
Lindner graduate students shine in international simulation competition
November 10, 2025
Five master’s of information systems (MS IS) students took home fifth place out of 23 universities at the International ERPsim Competition hosted by HEC Montreal during the recent spring semester. The competition tests students’ knowledge of enterprise resource planning (ERP) software and their ability to adapt to challenging business problems.
Sugar overload killing hearts
November 10, 2025
Two in five people will be told they have diabetes during their lifetime. And people who have diabetes are twice as likely to develop heart disease. One of the deadliest dangers? Diabetic cardiomyopathy. But groundbreaking University of Cincinnati research hopes to stop and even reverse the damage before it’s too late.
Is going nuclear the solution to Ohio’s energy costs?
November 10, 2025
The Ohio Capital Journal recently reported that as energy prices continue to climb, economists are weighing the benefits of going nuclear to curb costs. The publication dove into a Scioto Analysis survey of 18 economists to weigh the pros and cons of nuclear energy. One economist featured was Iryna Topolyan, PhD, professor of economics at the Carl H. Lindner College of Business.