3min chapter

Moody's Talks - Inside Economics cover image

New Year, New Outlook

Moody's Talks - Inside Economics

CHAPTER

Is There a Recession in 2023?

I'm going in the opposite direction of Chris coming. I've been coming down. I got to mix it up. And then I'm still at 50%, 50, 50, which everyone's saying, oh, that's just a cop out. But I do have to pick a side because I have to produce a forecast and explicit forecast that our clients use. In our baseline forecast, there's no recession. The economy is weak in 2023. Slow growth, job growth comes to a standstill. Unemployment starts to notch higher, but no recession in 20 23. You have a 50 basis point increase in unemployment rate over a year, which has been consistent with recessions in the past

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode