US economy facing 'modest' recession next year, Fannie Mae says

[Ordinary Guy]

Rising interest rates at the Fed and sky-high inflation could trigger a recession​

The U.S. economic outlook is dimming and a downturn could be on the horizon as the Federal Reserve moves to tame the hottest inflation in four decades, according to Fannie Mae economists.


The mortgage lender said in a new economic and housing forecast that the economy faces a "modest recession" in 2023 as a result of the Fed's aggressive monetary policy tightening trajectory, fallout from the Russian war in Ukraine and the worst inflation in a generation.

US economy facing 'modest' recession next year, Fannie Mae says

The U.S. economic outlook is dimming and a downturn could be on the horizon as the Federal Reserve moves to tame the hottest inflation in four decades, according to Fannie Mae economists.

www.foxbusiness.com

Be sure and pat yourself on the back if you voted democrat.-OG

 

[Mac1958]

We're always heading towards a recession. No one can tell you when it will start, or how bad it will be, or how long it will last. NO one.

There are already signs that we may be closer to the end of this inflationary period than the beginning.

Those who are hoping for the worst can pick all the negative stories they want. No one can know for sure.

 

[Ordinary Guy]

We're always heading towards a recession. No one can tell you when it will start, or how bad it will be, or how long it will last. NO one.

There are already signs that we may be closer to the end of this inflationary period than the beginning.

Those who are hoping for the worst can pick all the negative stories they want. No one can know for sure.

Bankers get a 6 months to one year notice, I am married to the CFO of one of them, you better plan for it, it will be Jimmy Carter like but worse. For anyone with less than a 6 figure household income it will really suck

 

[Mac1958]

Bankers get a 6 months to one year notice, I am married to the CFO of one of them, you better plan for it, it will be Jimmy Carter like but worse. For anyone with less than a 6 figure household income it will really suck

Sure, okay.

No one knows for sure. Speaking of banks:

Goldman Sachs Sees U.S. Recession Odds at 35% in Next Two Years

History suggests that the Federal Reserve will face a difficult task in tightening monetary policy enough to cool inflation without causing a U.S. recession, with the odds of a contraction at about 35% over the next two years, according to Goldman Sachs Group Inc.

www.bloomberg.com

 

[Darkwind]

Hold on, it's going to be a bit worse than 'modest'.

 

[Calypso Jones]

modest. LOL

nearing the end. LOLOLOL

 

[Anomalism]

Whatever. If you're a responsible and intelligent person you'll be fine. Idiots beware.

 

[1srelluc]

Well I suspect you can at least double the pain of the prediction.....I'm thinking the first quarter of 2023....There is still a lot of pretty cheap money out there because the fed was asleep at the switch.

 

[mudwhistle]

Rising interest rates at the Fed and sky-high inflation could trigger a recession​

The U.S. economic outlook is dimming and a downturn could be on the horizon as the Federal Reserve moves to tame the hottest inflation in four decades, according to Fannie Mae economists.


The mortgage lender said in a new economic and housing forecast that the economy faces a "modest recession" in 2023 as a result of the Fed's aggressive monetary policy tightening trajectory, fallout from the Russian war in Ukraine and the worst inflation in a generation.

US economy facing 'modest' recession next year, Fannie Mae says

The U.S. economic outlook is dimming and a downturn could be on the horizon as the Federal Reserve moves to tame the hottest inflation in four decades, according to Fannie Mae economists.

www.foxbusiness.com

Be sure and pat yourself on the back if you voted democrat.-OG

We've been in a recession since Jan....they just won't admit it.

 

[Calypso Jones]

Go to the grocery store if you think you're not in a recession. I swear. talk about heads in the sand.

 

[Darkwind]

Go to the grocery store if you think you're not in a recession. I swear. talk about heads in the sand.

Yesterday, the wife bought some pasta at the local market for $1.00 a box. A pretty good price.

This morning, she went back to get some more and it was $1.75 a box.

Overnight, the price increased by 75%

 

[Harpy Eagle]

Threads like this are fun because so many people come on them and show their ignorance of words.

Morons on here do not even know what a recession is

 

[Harpy Eagle]

Yesterday, the wife bought some pasta at the local market for $1.00 a box. A pretty good price.

This morning, she went back to get some more and it was $1.75 a box.

Overnight, the price increased by 75%

cool story bro. I guess the sale ended.

Better off making our own anyhow.

 

[Darkwind]

cool story bro. I guess the sale ended.

Better off making our own anyhow.

There was no sale, but you feel free to project your lies.

 

[struth]

as soon as the dembots took washington. we all realized we were headed to a recession, inflation, and misery.

 

[Harpy Eagle]

There was no sale, but you feel free to project your lies.

Whatever you say.

 

[Darkwind]

Whatever you say.

Correct, for a change.

I don't really have any respect for you, so I'll just leave this as the last post to you in this thread.

You have a nice day, however.

 

[Harpy Eagle]

Correct, for a change.

I don't really have any respect for you, so I'll just leave this as the last post to you in this thread.

You have a nice day, however.

 

[struth]

cool story bro. I guess the sale ended.

Better off making our own anyhow.

the price of flower went up during xiden inflation too

 

[Harpy Eagle]

the price of flower went up during xiden inflation too

The price of everything is up. Where have you been.

I can get a 5 pound bag of flour for less than 4 bucks. That is 9 batches of pasta.

A dozen eggs for 3.50 since I only by free range organic brown eggs.

So for 40 cents of flour and 80 cents of eggs I get fresh pasta that blows away anything you can buy in a store.