AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Insights on the US Economy and Recession Indicators
A financial expert predicts a 15% chance of recession in the next 12 months. Despite steady growth and decreasing inflation, the Fed may consider cutting rates if faced with a significant economic downturn. The most important indicator to watch is the labor market, specifically initial claims and unemployment rate. A sharp deterioration in the labor market could signal a recession.