Fed economists project 'mild' recession later this year

Newsy

13 Apr 2023 0 shares 1 views

Fed economists project 'mild' recession later this year

Fed economists project 'mild' recession later this year

Newsy

Published 13 Apr 2023

ViewEconomists at the Federal Reserve are projecting a "mild recession" later this year, a potentially dismal sign for President Joe Biden ahead of the 2024 presidential election.

Staff members predict that recent turmoil in the banking industry will continue to weaken the economy through the end of 2023, with a recovery over...

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