“The Federal Reserve thinks catastrophe is coming for US businesses”

“…1. Researchers at the US central bank just published a paper warning that a historic surge in the percentage of distressed American companies could worsen the fallout from the Fed’s inflation battle. Plainly, they said high borrowing costs could cause a huge number of companies to crumble…”

https://finance.yahoo.com/news/federal-thinks-catastrophe-coming-us-190000318.html

The Fed doesn’t “think.” It knows. It can crash the economy on demand by increasing interest rates high enough. As long as the Fed has “inflation” as an excuse it can collapse and consolidate banks on command.