The U.S. economy will progressively slow through the first half of 2023. Fears of a recession are still high and still warranted.
Behind the economic showdown are interest rate increases intended to combat swiftly rising. But with the unemployment rate at a 53-year low and inflation trending lower, forecasts are turning a little less gloomy.
U.S. consumers are still spending but doing so by increasing dependence on credit. They are finally pushing back on price increases on goods, a response to continuous declines in real…
