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MacroVoices #359 Lyn Alden: 2023 Macro Outlook

Macro Voices

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Is There a Major Recession in 2023?

Most economic indicators show that the economy's been decelerating from its peak in 2021. I think we're looking at a high likelihood of at least a mild recession, but how severe or long it is will partly depend on policymakers. Energy might be volatile this year, but I don't think it's going to be one of those big, long, persistent, disinflationary financial crises like people come to expect.

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