The U.S. economy is likely headed for a recession in 2023 as a result of the Federal Reserve's fight to kill inflation with steep interest rate hikes.
Laffer Tengler Investments CEO and CIO Nancy Tengler advises positioning your portfolio for stocks that do well in a slow growth environment.is ending 2022 on uncertain footing. The Federal Reserve is aggressively fighting inflation with interest rate hikes that seek to cool consumer demand, but prices remain stubbornly high and in conquering one problem, the U.S. central bank risks triggering another: A recession.
of economists, up from 65% in November. The poll, conducted between Dec. 12-16, surveyed 38 economists.
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