No Recession In The Cards
Economists have become more optimistic about the U.S. economy. They now believe that the country will avoid a recession, as the Federal Reserve has finished raising interest rates and inflation is expected to continue decreasing.
Economists have become more optimistic about the U.S. economy. They now believe that the country will avoid a recession, as the Federal Reserve has finished raising interest rates and inflation is expected to continue decreasing.
The full answer is for Pro readers.
Pro readers get the answer, the reasoning, who is affected, what to watch next, and what would change the view.
Sign in to answer or reply.
Sign inComments
Loading
Related reading
The Fed Keeps Markets Guessing
During their last month's decision to maintain interest rates, Federal Reserve officials initially thought they were concluding their phase of rate hikes.
The Fed Quietly Pivots
The U.S. Federal Reserve, traditionally focused on two key mandates - controlling inflation and managing unemployment - has recently signaled a significant policy shift.
A Soft Landing May Be Possible
The U.S. economy is on the verge of achieving what many economists deemed unlikely or impossible: a return to pre-pandemic levels of inflation without triggering a recession or significant economic downturn—a phenomenon known as a "soft landing."
Powell's Patient Summer
Federal Reserve Chair Jerome Powell expressed cautious optimism about the state of inflation and the potential for interest rate adjustments in the near future during a panel discussion with other central bankers at a conference in Portugal.