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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Arizona OT Jordan Morgan expected back in 2023; pro prospect faces knee rehabStarting left tackle Jordan Morgan is expected to return to the Arizona Wildcats in 2023 after considering declaring for the NFL draft.
Read more »
Analysis: Investors count on bonds to rescue battered 60/40 portfolio in 2023Proponents of the so-called 60-40 portfolio are betting the strategy may soften the blow of a possible U.S. recession next year, though its much-touted diversification properties offered investors little relief in 2022.
Read more »
LIV Golf players will be invited to 2023 MastersThe Masters has made a decision regarding whether LIV Golf defectors will be allowed to play in 2023 at Augusta National amid the Saudi-backed league’s war with the PGA Tour.
Read more »
U.S., Canada natgas output could hit growing pains in 2023U.S. and Canadian natural gas production is expected to hit new records in 2023, but growth may be slow due to weakened demand, pipeline bottlenecks and a lack of new liquefied natural gas (LNG) export plants.
Read more »
California fast-food businesses prepare for minimum wage increase in 2023With California's minimum wage set to increase on Jan. 1 to $15.50 per hour, the fast-food industry is bracing for possible changes.
Read more »
IFO: German employment outlook for Q1 2023 is positiveGermany’s IFO economic institute said in a statement on Wednesday, the outlook for Germany’s labor market is expected to be upbeat for the first quart
Read more »