
U.S. Outlook
20-Year Outlook By CBoC Economics Team • Updated May 16, 2023
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Inflation Fever About to Break?
Is the U.S. economy heading into a recession in 2023? If so, how long might it last? When will inflation roll over? These are the key questions hanging over the economy in the new year. Our baseline view is that rapidly increasing interest rates will lead to miniscule real GDP growth of only 0.5 per cent in 2023.
February 10, 2023 • 15-min read
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