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Summary:
This kind of deceleration has always been associated with recession: Bending the curve: Actual lending continues to decelerate: So for the last 6 months the Fed is seeing a steep decline in credit growth and a softening in price pressures, wage growth, employment growth, auto sales, home sales and permits, retail sales, and personal income. Apart from that things are looking up!;)

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This kind of deceleration has always been associated with recession:

Credit check
Bending the curve:

Credit check
Actual lending continues to decelerate:

Credit check

Credit check

So for the last 6 months the Fed is seeing a steep decline in credit growth and a softening in price pressures, wage growth, employment growth, auto sales, home sales and permits, retail sales, and personal income. Apart from that things are looking up!
;)

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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