Financial Times survey forecasts a US recession in 2023

A weekend item in the FT reporting on their survey of economists.

• The article is tightly gated, here is the link if you are a subscriber.

"FT-ITG" is:

• Financial Times - Initiative on Global Markets at the University of Chicago’s Booth School of Business

Its a survey of economists.

The Fed is busy hiking interest rates to combat surging inflation. Friday's figures shook risk markets:

• Forexlive Americas FX news wrap: Another hot inflation report sends the dollar soaring

The FOMC meet this week for the next rate hike. It will be at least 50bp:

• Its FOMC world series of poker week. Three of a kind (3*25=75bp) beats a pair (2*25=50bp).