SCSU's King Banaian

SCSU’s Banaian: There is a Belief a Recession Can Be Avoided
SCSU’s Banaian: There is a Belief a Recession Can Be Avoided
Recession has been a hot topic of discussion in regards to the economy for quite some time. St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON. He says there is a belief by economists that a recession can be avoided with a "soft landing" where inflation is brought down.
SCSU’s Banaian Still Doesn’t Expect a Recession in 2022
SCSU’s Banaian Still Doesn’t Expect a Recession in 2022
The cost of goods and services have been on the rise due to inflation for the past 6 months. King Banaian is the Dean, School of Public Affairs and Economics professor at St. Cloud State. He says with an unemployment rate below 4% and prices rising because people can afford to spend more, he has a hard time believing we're going to have a recession anytime soon.