1. This Doesn't Look Like Recession. Here's How One Could Happen.
- Author
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Ip, Greg
- Subjects
- *
RECESSIONS , *ECONOMIC indicators , *INTEREST rates , *MONETARY policy , *ECONOMIC expansion - Abstract
The article discusses the current state of the U.S. economy and whether or not a recession is imminent. While there are signs that suggest a recession could be on the horizon, such as rising unemployment and falling stock prices, the U.S. is not currently in a recession. The article emphasizes that a recession is a process, not an on-off switch, and that there is still time for the Federal Reserve to take action to prevent a downturn. The article also highlights the importance of looking at indicators used by the National Bureau of Economic Research to determine if a recession has begun, rather than relying on a single rule of thumb. Overall, the article suggests that while there are risks, it is not too late to prevent a recession. [Extracted from the article]
- Published
- 2024