It looks as though a downturn is coming, however it is unclear how severe it may be. Getty Images has an image called “Cimmerian/E+”. Two economists were interviewed by The Conversation to discuss a variety of topics in light of the U.S. inflation rate currently standing at 7.1%, rising interest rates and higher housing costs, which have many Americans worrying if a recession is on the horizon. Brian Blank, a finance professor at Mississippi State University, delves into the analysis of how corporations handle economic recessions. Below are some of the main points from the conversation between Rodney Ramcharan, an economist from the University of Southern California who used to work for the Federal Reserve and the International Monetary Fund, and Bryan Keogh, deputy managing editor and senior editor of economy and business for The Conversation. Are Brian Blank and Rodney Ramcharan discussing the chances of an economic downturn in 2023? The majority of prognosticators believe that an economic downturn will occur sometime during the middle of 2021. This is according to Brian Blank. I’m feeling somewhat more positive than the overall sentiment. For quite a while, people have been predicting a downturn in the economy and this is apparently the most awaited recession ever.
