Fannie Mae ESR Group Sees ‘Modest Recession’ In Q1 2023

National Mortgage Professional, Oct. 12, 2022–Sarah Wolak
High inflation, monetary policy tightening, and a slowing housing market is still projected to tip the economy into a “modest recession” in the first quarter of 2023, according to the October 2022 commentary from the Fannie Mae Economic and Strategic Research Group.
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