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Before Russia’s Feb.24 invasion of Ukraine, the outlook for the U.S.economy was stressed but hopeful.Pandemic pressures appeared to be peaking, inflation was widely expected to normalize, and the Fed stood a credible chance of engineering a “soft landing.”
Read more on Economic cycles and trends or related topics Business and society , Social and global issues , International business , Economics and Recessions PC Philipp Carlsson-Szlezak is a partner and managing director in BCG’s New York office and global chief economist of BCG.He can be reached at: [email protected] .PS Paul Swartz is a director and senior economist in the BCG Henderson Institute, based in BCG’s New York office.Martin Reeves is the chairman of Boston Consulting Group’s BCG Henderson Institute in San Francisco and a coauthor of The Imagination Machine (Harvard Business Review Press, 2021).
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Read more on Economic cycles and trends or related topics Business and society , Social and global issues , International business , Economics and Recessions.
