meta_pixel
Tapesearch Logo
Log in
Marketplace

How do economists forecast recessions?

Marketplace

Marketplace

News, Business

4.68.6K Ratings

🗓️ 30 January 2023

⏱️ 27 minutes

🧾️ Download transcript

Summary

Many CEOs and economists anticipate a recession this year. But their predictions, based on economic data and historical trends, are part art and part science. Today, we’ll dig into how those forecasts are made. Plus, why inflation varies depending on where you live, how business owners in China feel about reopening and how lawmakers’ pay, or lack thereof, influences who serves in government.

Need some Econ 101? Sign up for our Marketplace Crash Course and get weekly lessons to complete at your own pace!

Transcript

Click on a timestamp to play from that location

0:00.0

Have you ever been caught out by payments you've forgotten about?

0:03.2

Join over 2.5 million customers who are already using the Lloyd's Bank upcoming payments tool on our app.

0:09.8

It gives you early sight of regular payments that are due to leave your account in the next 31 days

0:15.7

to avoid any surprises.

0:17.7

It's just one of our many useful tools that can help you stay on top of your money.

0:22.4

To find out more, go to Lloydsbank.com forward slash cost of living.

0:27.0

Lloydsbank by your side.

0:32.0

A very short two more days till we know what Jay Powell is thinking from American public media.

0:39.0

This is Marketplace.

0:50.0

In Los Angeles, I'm Kyle Rizdole.

0:52.0

It is Monday, the 30th day of January. It is always to have you along.

0:57.0

Hey, spoiler alert.

0:59.0

We're going to talk about inflation here at the top of the program.

1:02.0

That is exhibit A in this economy.

1:04.0

The first part of this week, the Fed starts a two day meeting tomorrow.

1:08.0

Interest rate announcement coming on Wednesday.

1:10.0

The central bank keeping its foot on the economic break.

1:13.0

A little bit anyway as inflation shows.

1:16.0

But, slow is rather.

1:17.0

It's been showing for a long time.

1:19.0

It is slowing.

1:20.0

Just because inflation is coming down doesn't mean we're not still feeling it.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.