To be a Medicare Agent's source of information on topics affecting the agent and their business, and most importantly, their clientele, is the intention of this site. Sourced from various means rooted in the health insurance industry - insurance carriers, governmental agencies, and industry news agencies, this is aimed as a resource of varying viewpoints to spark critical thought and discussion. We welcome your contributions.
The US economy appears to be on
the precipice of recession. The Federal Reserve is rapidly raising
interest rates to cool high inflation by reducing demand from consumers
and businesses. This will likely tip the US into a brief and shallow
contraction that is felt throughout the entire economy.
However, there remain a plethora of risks to this outlook. Chief among
them are uncertainty surrounding inflation, interest rates, the housing
market, and government infrastructure spending. According to new
research conducted by the Conference Board, the potential for further
downside to US economic growth resulting from these risks outweigh the
upside potential. Said another way, the recession we forecast could be
less shallow and less brief than anticipated.
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