- Academics and analysts have told CNBC a recession is everything from inevitable to unlikely over the last month.
- The continued debate reflects a split over whether to focus on falling GDP in real terms, or strength in personal spending and the job market.
- "We live in a period of multiple shocks – from Covid-19 over energy prices to political deglobalization – which make predictions extremely difficult," one economist said.
![Pinterest](https://pinterest.com/pin/create/button/?url=https://desifashionista.com/archives/84758&media=https://image.cnbcfm.com/api/v1/image/107109802-1661503314017-gettyimages-1234895541-VIRUAL_FED_SYMPOSIUM.jpeg?v=1661504503&w=1920&h=1080&description="We're coming out of an extraordinary period that's not been seen before in history," Moody's William Foster told CNBC.){kind=link}