The Federal Reserve’s rate hikes are starting to pull down growth just as a period of tighter lending will probably cool the economy further over the next few months. … READ MORE >
National Bureau of Economic Research
Recovery monitor: Economy set to expand as income and spending close pandemic deficits
The recession is rapidly becoming a memory as the economy shows remarkable signs of regaining its footing. Spending has reached its pre-pandemic level and we anticipate that June will mark the point at which the economy moves beyond recovering lost ground and enters expansion. … READ MORE >