Showing posts with label Planned Recession 2023. Show all posts
Showing posts with label Planned Recession 2023. Show all posts

Wednesday, April 26, 2023

A recession is coming — and stock markets won’t come through it unscathed, strategist says

A recession is coming — and stock markets won’t come through it unscathed, strategist says

Snippet of Article: "The latest U.S. economic data suggests a recession is coming. ...The data appeared to indicate that economic weakness could soon intensify and spread throughout the U.S. economy. Alongside this warning signal.."

Source: www.cnbc.com

recession

Tuesday, February 28, 2023

Lowering inflation to the Fed's target would require a deep recession that more than doubles unemployment, say Cleveland Fed economists

Title: Lowering inflation to the Fed's target would require a deep recession that more than doubles unemployment, say Cleveland Fed economists

Article Snip: "The economists added that for the Fed's stated 2% inflation target to be achieved, the unemployment rate would have to climb to 7.4% for one year. That's more than double the currency jobless rate of 3.4%. "A deep recession," the economists said, "would be necessary to achieve the SEP's projected inflation path. ..."

Reference: businessinsider.com
Inflation, Biden Economy 2023, Unemployment Under Biden, Failed Economic Policies (2023), Recession 2023, Fed's stated 2% inflation target,