google.com, pub-2431335701173086, DIRECT, f08c47fec0942fa0 June 2023 - MarchéEconomics

June 28, 2023

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June 28, 2023: Because the Fed intends to carefully proceed by looking at downside (recession) risks versus inflationary risks, we can expect them to try to avoid causing a recession. But, recent strong economic activity in areas such as capital goods manufacturing, housing construction, strong service sector and a still fairly resilient labor market mean that a recession would be relatively more difficult to accomplish. This gives the Fed ample room to pursue it's anti-inflation goal. Inflation is still too…