The Real Economy: June 2023

A recession is likely over the next 12 months, but what are the chances that the economy has a soft landing?

The Federal Reserve's efforts to slow the economy with interest rate increases are affecting the American economy, slowing demand and leading to tightened financial conditions. A recession is likely over the next 12 months, writes RSM US LLP Chief Economist Joseph Brusuelas in the June issue of The Real Economy. Still, areas of the economy have proved to be quite resilient. Read more here.