U.S. Could Be Transitioning To a Mid-Cycle Economic Downshift and It May Start Toward End of 2022, MUFG Says
The U.S. economy is moving from a post-reopening boom phase toward a moderating period, which, depending on the policy prescription, may end up feeling like a mid-cycle slowdown in the second half of 2022, according to Mitsubishi UFJ Financial Group’s (MUFG’s) 2022 U.S. Macro Strategy Outlook titled “The year ahead: balancing......