2min chapter

First Move with Julia Chatterley cover image

Featured interview: Invesco strategist Kristina Hooper

First Move with Julia Chatterley

CHAPTER

The Fed's Expectations for a Recession

The failure of three banks, the resulting sort of tightening of credit conditions, the pullback and lending, obviously that affects small businesses significantly. So we're only seeing the tip of the iceberg in terms of an impact on economic activity. That is likely to unfold as the year progresses. I'm hopeful that we can avoid a recession. If we do see a recession, I think it would be rather mild, andI think it would likely hit late in 2023.

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