
Macro - Weekly Briefings - US
Description
Macro - Weekly Briefings - US
While we still expect the Fed to steer the economy toward a soft landing, downside risks to the economy and the probability of a recession are increasing. A more aggressive pace of Fed rate hikes, a tightening in financial conditions, the ongoing war in Ukraine and China's strict Covid lockdown policies increase the risk that growth falls short of our forecast.
While we still expect the Fed to steer the economy toward a soft landing, downside risks to the economy and the probability of a recession are increasing. A more aggressive pace of Fed rate hikes, a tightening in financial conditions, the ongoing war in Ukraine and China's strict Covid lockdown policies increase the risk that growth falls short of our forecast.
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