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The Fed Predicts We Are Entering A Recession Right Now [1]

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Date: 2025-02-28

The Atlanta Federal Reserve is effectively predicting a recession starting now. It's prediction for the first quarter of 2025 GDP change is now -1.5%.

Just nine days ago the forecast from the same source was +2.3%.

Just three weeks ago the forecast was +2.9%.

Just four weeks ago the forecast was +3.9%.

The speed at which Trump is tanking the economy is mind blowing. I mean look at the stunning graph above.

Driving the Fed forecast is an expected crashing in net exports (trade war) and a decline in consumer spending. Measures of consumer confidence have been crashing now for a couple of weeks.

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[1] Url: https://dailykos.com/stories/2025/2/28/2306886/-The-Fed-Predicts-We-Are-Entering-A-Recession-Right-Now?pm_campaign=front_page&pm_source=trending&pm_medium=web

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