Fears of Economic Recession , Growing in the United States.<br />NPR reports that warning lights are <br />starting to flash for the U.S. economy.<br />Economic experts now foresee a recession occurring in the not-so-distant future.<br />As inflation has reached its highest mark in over 40 years, the U.S. Federal Reserve will soon approve interest rate hikes.<br />Per NPR, employers in the United States <br />have added almost 6.5 million <br />new jobs in the last year.<br />The unemployment rate has fallen to 3.6%.<br />Experts predict that as the Federal Reserve increases interest rates to counter surging consumer demand, the U.S. economy will enter a mild recession by late 2023.<br />It's probably surprising to <br />be talking about recessions <br />at this point... , Matthew Luzzetti, chief economist at Deutsche Bank, via NPR.<br />... given the momentum that we've seen, particularly in <br />the labor market. , Matthew Luzzetti, chief economist at Deutsche Bank, via NPR.<br />The ultimate conclusion is that we are having very strong growth, <br />but it is inflationary growth. , Matthew Luzzetti, chief economist at Deutsche Bank, via NPR.<br />In a recent survey by 'The Wall Street Journal,' economic experts put the odds of a recession occurring in the next year at 28%
