Is There a Recession?

I don't think there are historical precedents for inflation at the rate we now have, it coming down a to the target the fed has set of two sent without a a recession. And so i think the likelihood is that, in order to do what's necessary to stop inflation, the fet is going to raise intrestrats enough that the economy will slip into recession. Look, nothing is nothing is certain, and all economic forecasts have uncertainty. My best guess is that a recession is ahead. I base that on the fact that we haven't had a situation like the present with inflation above four and unemployment below four Without a recession following within a year or two.