U.S. ‘not likely to tip over into recession’: Morgan Stanley economist
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#yahoofinance #recession #jeromepowell #inflation #interestrates Many investors expect the Federal Reserve to raise interest rates in July, with some economists arguing the Fed’s rate hikes will send the U.S. into a recession. But Morgan Stanley Chief Global Economist Seth Carpenter says a soft landing for the U.S. economy is still in the cards and that a recession is avoidable. Carpenter explains his call in an interview with Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With […]
