Deutsche Bank (DB) is forecasting a US recession in 2023 (2 consecutive quarterly negative growth, Q3 & Q4 2023). Furthermore, the US inflation (CPI) won't go below 8% in 2022 and the Fed fund rate will reach 3.625% by the end of 2022.
60% of CEOs expect a recession by 2023: Conference Board
The New York Fed model shows a 10% chance of a soft landing but an 80% chance of a hard landing.
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