A recent plunge in credit spreads in the US is one clear sign of hope that the economy there is heading for a soft landing. It jars, however, with two developments that point to the slightly gloomier future captured in our forecast of a mild recession.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services