Fed economists project recession this year

Economists at the Federal Reserve predict that the recent banking instability will cause a slight recession later this year, which could be a concerning development for President Joe Biden as he prepares for an election campaign.

In their briefing to policymakers before interest rate decisions, the central bank staff had previously anticipated a deceleration in GDP growth this year due to the Fed’s efforts to combat inflation.

However, last month, they increased the chances of an economic downturn, as revealed in the minutes from the Fed’s March 21-22 meeting, Politico reported.

"Fed economists project recession this year, in potential blow to Biden"
READ MORE: https://www.politico.com/news/2023/04/12/fed-economists-project-recession-this-year-00091710

Links for B.C.

Visit My Website
https://bcbegley.com

Follow Me On Facebook
https://www.facebook.com/B.C.Begley

Subscribe To My Patreon
https://www.patreon.com/bcbegley

Watch Me On YouTube
https://www.youtube.com/channel/UCGoUf-QQTlTN-BIh3ERCE9A

Follow Me On Twitter
https://twitter.com/BC_News1

Watch Me On Rumble
https://rumble.com/c/c-280191

Follow Me On Gab
https://gab.com/BC_Begley

Follow Me On Parler
https://parler.com/profile/Bcbegley20...

Watch Me On BitChute
https://www.bitchute.com/channel/FYML...

Subscribe To The Apocalypse Watch App
https://newapocalypsewatch.com