Has the Recession Already Started? May 2023 Edition

Inflation has been putting pressure on households across the country for over a year now. And while prices have started to decrease again, increasing consumers’ purchasing power in the process, inflation is not yet yesterday’s problem. As you map out your own household budget, it’s easy to spot the continued impact of higher prices. 

With household budgets feeling pressed, many people have asked for the past year whether we’re in a recession. A high inflationary environment doesn’t always translate into a full-blown recession,

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