Soft landing or recession? my prediction
Facts & Analysis
Recession usually appears ~8 months after peak FED rates
Inflation is still higher than ideal (2%)
FED rates seem to be peaking already, with maybe 1-2 last hikes
My prediction
1 more rate hike for 2023 in September (peak)
Soft recession by May 2024 (US, other countries might lag 3-6 months behind)
Business as usual by Jan 2025 (US, other countries might lag 3-6 months behind)
Update 1 (April 10 2024)
https://www.barrons.com/livecoverage/inflation-march-cpi-data-report-today
Ref:
https://fred.stlouisfed.org/series/FEDFUNDS
https://manifold.markets/Cactus/recession-in-2024
https://www.franklintempleton.com/insights/anatomy-of-a-recession