Some of the forecasters who were first out of the box to predict a US recession are starting to hedge their bets as inflation ebbs and the economy remains resilient. Deutsche Bank Vice Chair of Research Peter Hooper and Fannie Mae chief economist Doug Duncan now say it’s essentially a toss-up whether the economy suffers a recession or enjoys a soft landing and keeps growing, though both still believe a downturn is more likely than not. Nomura Securities International senior economist Aichi Amemiya is also sticking by his firm’s recession forecast, though he added, “it’s getting to be a close call.” The sentiment was ... (full story)