15min chapter

Forward Guidance cover image

Danielle DiMartino Booth: Jay Powell Just “Went Way Off Script” At September Fed Meeting

Forward Guidance

CHAPTER

US Economy: Recession or Expansion?

This chapter challenges the consensus view on the US economy in March 2020, discussing the rebound in personal consumption expenditures and the definition of a recession. The speakers analyze previous recessions, the unique nature of the current recession, and its potential future impact.

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