Let's not overreact to the economic slowdown
Posted August 28, 2019
External Article: The Hill
Dennis Lockhart, a distinguished professor of the practice in the Sam Nunn School of International Affairs, has written a coop entitled "Let's not overreact to the economic slowdown" in The Hill.
Recession fears have escalated in recent weeks along with volatility in U.S. financial markets. Volatility can undermine the confidence that fuels the main street economy’s momentum. But financial market volatility alone is unlikely to bring on a recession unless severe and prolonged. As things stand today, it’s reasonable to be cautiously optimistic that a recession can be avoided in the next several months.
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