A recession might be coming. Here's what it could look like

Posted By TheNewsCommenter: From Npr.org: “A recession might be coming. Here's what it could look like”. Below is an excerpt from the article.

Traders work on the floor of the New York Stock Exchange during the opening bell in New York City on Jan. 18, 2023. Survey after survey shows economists and CEOs expect a recession, but there's no certainty of what an economic contraction would look like – or if the U.S. economy will suffer one at all. Angela Weiss/AFP via Getty Images hide caption

Traders work on the floor of the New York Stock Exchange during the opening bell in New York City on Jan. 18, 2023. Survey after survey shows economists and CEOs expect a recession, but there's no certainty of what an economic contraction would look like – or if the U.S. economy will suffer one at all.

Whether in the supermarket aisle, or the corporate suite, a lot of people are expecting a recession – even if there's no certainty there will be one at all.

The Federal Reserve is increasing interest rates in the most aggressive fashion since the early 1980s as it races to bring down inflation. And a recession is often the consequence when the central bank starts raising borrowing costs.

The prospect of recession is certainly scary. But even if the U.S. is headed for one, it's worth keeping in mind that no two recessions are alike.

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