00:00 Only a quarter of business economists and analysts believe that the US will fall into
00:05 a recession this year.
00:07 What's more is that economies and analysts project this would only happen due to an external
00:12 factor like an unexpected conflict with China rather than domestic ones like higher interest
00:18 rates.
00:19 Meanwhile, respondents to a National Association of Business Economics survey showed year-over-year
00:24 inflation is still expected to exceed 2.5 percent, which is still slightly above the
00:30 Federal Reserve's target of 2 percent for 2024.
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