Despite the possibility of an impending recession, US economic activity remains on hold.
Almost everyone “Seems used to the idea of an impending recession”, that “Businesses, consumers or markets. The US Federal Reserve chairman has stopped short of talking about a soft landing for the economy. Sums up investment firm Schroders in a year-end note. The US Federal Reserve will undoubtedly tighten its monetary policy. Economists expect rates to increase to 5.25% in the coming months from the current range of 4.25% to 4.5%.
Is mass being said? The central bank considers the risk of pushing the economy into recession next year. But the fall is not certain. Schroders expects a 1% drop, deviating from the consensus of +0.3% growth. “We forecast a small tech recession for the US in the first half of 2023, with GDP remaining flat for the rest of the year.Expected on his part…
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