If we arent in one we soon will be. After all, cooling the economy is what rate hikes does. Some businesses close which puts people out of work so they cut back on spending and the cycle continues. https://www.forbes.com/advisor/investing/are-we-in-a-recession/
Water is wet.
Are you saying we are in a recession, predicting one, or just stating a trueism?
If we arent in one we soon will be. After all, cooling the economy is what rate hikes does. Some businesses close which puts people out of work so they cut back on spending and the cycle continues. https://www.forbes.com/advisor/investing/are-we-in-a-recession/
The economy can cool without there being a recession. Decrease GDP growth, reduce job vacancies, etc.
That is a hard square to circle but possible (maybe)