How to Buy a House Before a Recession
chief economist with CoreLogic. “You can never rule it out. The risk of a recession still is pretty low for the next 12 months.”
About six months – that's how much longer, as of now, the current economic expansion is compared to the previous 120-month record set in the 1990s. Yet, as time stretches, forecasts and speculations about an impending recession abound.
Amid trade disputes and political ambiguities, the Federal Reserve has slashed interest rates twice this year alone, triggering concerns for an upcoming economic downturn, even if Federal Reserve Board Chair Jerome Powell has offered an optimistic outlook.