2min chapter

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Episode 33: Fixed-Income Opportunity Now and Down the Road

Guggenheim Macro Markets

CHAPTER

The Fed's Current Thinking on Recession Timing

"We see an economy that's still relatively resilient, but forward-looking data continues to point towards a recession," he says. The House view is the Fennelheik, another 25 basis points next Wednesday,. A hot reading on ECI number coming up on Friday here could cause expectations for Fed hikes in June and beyond to go up. "Ultimately, we do believe that while it's likely that a recession does take hold later this year, that's likely to be a relatively shallow recession."

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