'A close call': Economists rethink U.S. recession forecasts as inflation ebbs

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'A close call': Economists rethink U.S. recession forecasts as inflation ebbs
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Some forecasters who were first to predict a U.S. recession are hedging their bets as inflation ebbs and the economy remains resilient. Read on.

A shopper makes her way through a grocery store on July 12, 2023, in Miami. The U.S. consumer price index report showed that inflation fell to its lowest annual rate in more than two years during June.Some of the forecasters who were first out of the box to predict a U.S. recession are starting to hedge their bets as inflation ebbs and the economy remains resilient.

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