World Outlook 2023: The Looming Recession
Podzept from Deutsche Bank Research
The U.S. Economic Outlook in 2023
Earlier this year, you argued that the most likely trajectory was for a recession to occur in the second half of 23. Is that still your view? It is still our view. I think as we've pulled forward and gotten closer to 2023, we've had a little bit greater conviction around the timing of that recession. But two things that could lead to more severe recessions are one, fiscal policy will not be able to respond, given gridlock in Washington. And two monetary policy is likely to be constrained in how much it can cut rates,.
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