Q3 Economic Outlook - Recession Risks Recede (But Risks Remain)

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U.S. recession risks continue to recede, as inflation moderates and pressure on the Federal Reserve to further hike interest rates abates. But risks remain. Most immediate are higher oil prices, prospects for a lengthy government shutdown, and intense pressure on the banking and broader financial system. Odds are the economy will make its way through the next year without a recession, but…

  • Speakers keyboard_arrow_down
    Mark Zandi Chief Economist Moody's Analytics Bio
    Cris deRitis Deputy Chief Economist Moody's Analytics Bio