How Do We Get Out of a Recession? Here’s the Scoop
Barring the U.S. Federal Reserve and members of President Joe Biden’s cabinet, most people, both average citizens and business leaders, are worried about a recession. How do we get out of a recession? Actually, recessions are much more common than many people think.Article continues below advertisementWhile the Fed has been downplaying recession risks, even as the use of the term ‘recession’ has increased in its communications, its counterpart in the U.K. sees a recession by the end of 2023.The definition of a recession has faced controversy.