the U.S. economy "entering recession"

the U.S. economy "entering recession"

Even in FED, the U.S. central bank, there is an indicator used internally to determine whether the economy has entered a recession, called the "Sahm Rule Recession Indicator."

Claudia Sahm, a female economist who first wrote the indicator, accused the U.S. Fed's hesitancy to cut interest rates, even though the U.S. economy has already entered a recession or is becoming clear to enter soon, as a dangerous play with fire

Despite most U.S. economists' claims that the U.S. will not fall into recession, the real economy has been expected to enter recession as early as the second half of 2024, with most U.S. economists personally arguing that there is no dexterity to remove the U.S. economy through FACEBOOK since last year

As I have argued, the "Sahm Rule Recession Indicator" signals exactly that the U.S. economy will enter recession from the second half of this year

If the U.S. economy enters a recession from the second half of 2024, it is expected to have a negative impact on Korea's trade balance, and the volatility of the foreign exchange market, which is still fluctuating, is likely to worsen by the end of this year