Economists expect US recession, above-target inflation this year | The Malaysian Insight

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Economists expect US recession, above-target inflation this year | The Malaysian Insight
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Economists expect US recession, above-target inflation this year

The United States is likely enter a recession this year and face high inflation well into 2024, says a survey of economists. – EPA pic, March 27, 2023.

THE United States will likely enter a recession this year and face high inflation well into 2024, a majority of economists predicted in their response to a semiannual survey. More than two-thirds of respondents to the National Association for Business Economics Policy Survey also see inflation remaining above 4% at the end of this year.

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