Is the US economy heading for a recession?

03/28/22 • 19 min

With growing perception that the Fed has fallen behind the curve in terms of dealing with underlying inflation pressure, significant monetary tightening will need to occur. Does this mean a recession is looming? Deputy Chief Economist, James McCann and Research Economist, Abigail Watt, join Luke Bartholomew to provide their insights.

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Macro Bytes - Is the US economy heading for a recession?

Transcript

Luke Bartholomew 0:06
Hello, and welcome to Macro Bytes, the economics and politics podcast series from abrdn. My name is Luke Bartholomew. And this week, we will be talking about the risks of recession in the US economy. And I suppose, by extension, the global economy, too. And of course, this comes in the context of, I think growing perception that the Fed had fallen somewhat behind the curve in terms of dealing with underlying inflation pressure in the US. And that means that there is g