A recession? In this economy?!
Is the U.S. economy hurtling toward a recession? Dean Baker, an economist and co-founder of the Center for Economic and Policy Research in D.C., thinks it all boils down to just how aggressive the Federal Reserve will be. The Fed is expected to raise interest rates again later this week.
On today\u2019s \u201cPost Reports,\u201d we examine the factors that could lead to a recession \u2014 and we ask what Americans can do to prepare if it happens.