Jeff Humphreys, the director of Economic Forecasting at UGA’s Terry College of Business, says the post-pandemic economic expansion is coming to an end in 2023 and a mild recession will start.
“I think it’s going to be very difficult for the Federal Reserve to cool down the economy to contain the highest inflation in forty years without triggering a recession,” said Humphreys on Friday’s edition of “ Closer Look.”
He further explained the 2023 Georgia Economic Outlook and shared why he thinks Georgia will do fairly well during the 6-month recession.
