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https://www.wsj.com/articles/why-the-u-s-remains-far-from-recession-5d07fe49

Why the U.S. Remains Far From Recession

The pandemic’s aftereffects fuel economic resilience despite rising interest rates

By Sarah Chaney Cambon
Government policies in response to the pandemic left consumers and businesses with lots of money and cheap debt. Photo: JONATHAN ERNST/REUTERS

More than a year after the Federal Reserve began rapidly raising interest rates to tame inflation, the hallmarks of a widely expected recession remain elusive. 

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.