Expect a US 'slowcession' rather than a recession in 2023 as the Fed will successfully control inflation, Moody's Analytics says

Jan 4 2023 by Business Insider

 
The US economy may avoid a recession this year, according to Moody's Analytics.

Bartolome Ozonas/Getty

The US economy will avoid a recession and instead face a 'slowcession,' according to Moody's Analytics.  A 'slowcession' is defined as a scenario when growth comes to near halt but doesn't slip into negative numbers.  Falling oil prices and healthy US financials are factors among many supporting Moody's view. 

A rising chorus of big banks and high-profile economists have warned in recent...

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