Is the United States on the verge of a recession?

Arthanomics_172

During COVID U.S. Central bank injected huge liquid in its economy which is showing its impact now. Technically, a recession involves the overall output in the US economy contracting in two successive quarters but broadly speaking it refers to a prolonged period of economic contraction coupled with job losses, falling incomes and reduced expenditures. Let’s see in this article how the U.S. Federal Reserve trying to overcome the situation.

Credits: Aman Gupta and Shivam Sudama.