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Recession Fears Fade as U S Economy Shows Resilience
The article surveys signs the United States may avoid a recession despite high borrowing costs. It discusses a rolling or richcession theory, the impact of Fed rate hikes, and ongoing hiring and spending. Powell and other economists caution that risks remain, though a soft landing appears possible.
MENTIONED IN THIS ARTICLE
Washington
United States
Federal Reserve
U.S
Gregory Dace
Fed
Yelena Shulyatyeva
BNP Paribas
Jerome Powell
Powell
Sintra
Portugal
Bank of England
U.K
Europe
Facebook
Meta
Zoom
Google
Krishna Guha
Evercore Isi
Guha
Uber Technologies
GrubHub
Citibank
Ford Motor Co
Tom Barkin
Federal Reserve Bank of Richmond
Barkin
Congress
Treasury
Silicon Valley Bank
Jan Hatzius
Goldman Sachs
Neil Dutta
Renaissance Macro