
Surveillance: Recession Chances with Hatzius (Podcast)
Bloomberg Surveillance
00:00
Is There a Deep Recession?
If we get a shallow recession, you qualify what it will mean for jobs in america. How does the magnitude of recession work into the dynamics of unemployment? Ye, let's just be clear that we don't have a recession. But our our best guess is that we'll be below trend. That re balances the inbalance in the labor market and that ultimately also spring inflation back down.
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