Clouded Judgement 7.28.23 - Optimization Cycles and Economy Update
Clouded Judgement
JULY 28, 2023
Powell said the Fed staff no longer is forecasting a recession. Here’s a quote: “So the staff now has a noticeable slowdown in growth starting later this year in the forecast, but given the resilience of the economy recently, they are no longer forecasting a recession.” Q2 GDP came in at 2.4%
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