What happened to the recession economists predicted?

Editor's note: Due to a scheduling change, this segment did not air on Aug. 7, 2023, as planned. 

As recently as a few months ago, economists were nearly unanimous in predicting a recession. But even though the Federal Reserve has raised interest rates 11 times, the economy is still strong with no sign of a recession.

The Atlantic's Derek Thompson tells us why he thinks we've avoided a downturn.

This segment aired on August 7, 2023. The audio for this segment is not available.


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