U-M economic forecast: Modest growth expected, soft landing likely as inflation eases, but no guarantees
November 16, 2023
November 16, 2023
ANN ARBOR, Michigan, Nov. 16 -- The University of Michigan issued the following news release:
Federal Reserve Bank of Chicago. Image credit: Ken Lund from Reno, Nevada, USA, CC BY-SA 2.0, via Wikimedia Commons
Report (PDF): The U.S. Economic Outlook for 2023-2025
The U.S. economy should avoid a recession over the next two years, though economic growth is expected to be modest as consumers deal with high interest rates and, for many, dwindling saving account . . .
Federal Reserve Bank of Chicago. Image credit: Ken Lund from Reno, Nevada, USA, CC BY-SA 2.0, via Wikimedia Commons
Report (PDF): The U.S. Economic Outlook for 2023-2025
The U.S. economy should avoid a recession over the next two years, though economic growth is expected to be modest as consumers deal with high interest rates and, for many, dwindling saving account . . .