Investors are weighing that question after a key member of the central bank who has historically favored a gentler approach to raising interest rates talked tough about the central bank’s need to fight rising prices. But worries are clearly growing that the Fed could be so aggressive in fighting the highest inflation in 40 years that it sparks a recession. “We no longer see the Fed achieving a soft landing,” Deutsche Bank economists led by Matthew Luzzetti wrote in the report. JetBlue’s cash offer is about 33% higher than the value of Frontier’s stock-and-cash offer, my CNN Business colleague Chris Isidore reports. “I’m excited to share that we’re appointing @elonmusk to our board!” Twitter CEO Parag Agrawal said Tuesday.

Source: CNN April 06, 2022 12:52 UTC