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Economic forecast: No recession this quarter, Americans still spending, consuming
While the Federal Reserve holds firm on increased interest rates to control inflation, fiscal policy deficit spending is stimulating the economy. The outcome of these conflicting federal policies could determine whether the U.S. will slip into a mild recession or see a return of inflation in the coming months.
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While the Federal Reserve holds firm on increased interest rates to control inflation, fiscal policy deficit spending is stimulating the economy. The outcome of these conflicting federal policies could determine whether the U.S. will slip into a mild recession or see a return of inflation in the coming months.
Reporter : Ken SmithPosted 2023-09-07T15:31:54-0400 - Updated 2023-09-07T15:31:54-0400