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Glass Half Full or Half Empty

Moody's Talks - Inside Economics

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Are We in Recession?

I think it's a side show kind of debate. I mean, we can't be in a recession when the ment rate is falling and it's three and a half%. And that's not a recession. That's no at all. So i just think whether or not we label anything a recession is sort of, at this point, that's not the discussion that people should be focusing on. But we should be having more productive and that's inflation. Now, we'll come back to that, because we've dante on ton. He's the productivity sceptic.

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