Where’s that recession? Why it’s still too early to celebrate
Fears of a recession have been looming since the worst days of the pandemic. And as inflation continues its slow but steady ascent, central banks around the world have tried to increase interest rates to cool things down. It’s easy to think that all of this means we might actually have avoided the worst. But Report on Business columnist and reporter Tim Kiladze says it’s too early to declare victory: we may not actually have achieved that mythical “soft landing” after all. He’s watching a few warning signs that could spell economic trouble for us later.
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Show Notes
Fears of a recession have been looming since the worst days of the pandemic. And as inflation continues its slow but steady ascent, central banks around the world have tried to increase interest rates to cool things down. It’s easy to think that all of this means we might actually have avoided the worst.
But Report on Business columnist and reporter Tim Kiladze says it’s too early to declare victory: we may not actually have achieved that mythical “soft landing” after all. He’s watching a few warning signs that could spell economic trouble for us later.
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