Economics

US Recession Is Avoidable If Fed Can ‘Thread the Needle’

Households still have buying firepower, and jobs are growing
Much seen riding on course of the Fed’s tightening campaign

WATCH: “Europe definitely felt more likely to be heading into a recession than you see in the US,” Citi CEO Fraser says, and adds that even in the US a recession is “not easy to avoid.”Source: Bloomberg

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By Rich Miller

June 4, 2022 at 1:00 PM EDT

Updated on

June 5, 2022 at 10:16 AM EDT

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To hear some of the chatter in financial markets and corporate America’s C-suites, a US recession is imminent and inevitable.

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