Economic Experts Say That A Recession Can Be Avoided
US Recession Is Avoidable If Fed Is Able to ‘Thread the Needle’ – Bloomberg The US economy is strong, and it has more than $2 trillion in excess cash on household balance sheets. A recession is unlikely in the immediate future, but it could happen next year if the Federal Reserve succeeds in reining in surging prices. Biden urges economic confidence despite inflation challenge, but says it will be “very tight” because risks are high. …