2min chapter

CBS News Sunday Morning with Jane Pauley cover image

Alaskan Ice Cream, Economy, James Hong

CBS News Sunday Morning with Jane Pauley

CHAPTER

Is the Economy in a Recession?

There's a not insubstantial chance that we have a recession. I don't think it's baked in the cake. A lot of people say a soft landing is very, very unlike soft landing. My colleagues and i are acutely aware that high inflation imposes significant hardship. And you can understand why so many people are worried the big picture.

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