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What Recession? Some Economists See Chances of a Growth Rebound.

Posted on AllSides February 9th, 2023
From The Left
Jim Wilson/The New York Times

Many economists and investors had a clear narrative coming into 2023: The Federal Reserve had spent months pushing borrowing costs rapidly higher in a bid to tame inflation, and those moves were expected to slow growth and the labor market so much that the economy would be at risk of plunging into a downturn.

But the recession calls are now getting a rethink.

Employers added more than half a million jobs in January, the housing market shows signs of stabilizing or even picking back up, and many Wall Street economists...

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https://www.nytimes.com/2023/02/09/business/economy/fed-economy-recession-rebound.html

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