Is recession looming for US?

IN its meeting last week, the Federal Open Market Committee (FOMC) left key benchmark interest rates unchanged, but the revised economic growth outlook, inflation forecast and Federal Reserve (Fed) dot plot should make investors rethink their investment strategy.

As it stands, the question of whether the United States is headed for recession is gaining traction. More importantly, given President Donald Trump’s tariff agenda, inflation expectations remain elevated and could head further north.