United States banking professionals believed in Q2 2022 that a Fed overcorrection was a probable cause for a recession. 51 percent of the respondents believed that the too fast and too highly increasing Fed rates would result in an economic recession. 25 percent of the respondents predicted that a recession would occur because of supply chain problems, while five percent mentioned the conflict in Eastern Europe as the main cause for a possible recession.
Banker opinion on possible causes of a recession in the United States as of 2nd quarter of 2022
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This question was answered only by those respondents who in another question predicted a recession in 2022 or 2023 (96 percent of all respondents). The question was phrased by the source as follows: "What is the primary reason for your selection of if and when a recession will occur?"
The source adds the following information: Out of the 388 respondents, 127 were CEOs, 32 were presidents, 211 were CFOs, and 18 were COOs. Figures have been rounded.
* Of the 16 percent of respondents who chose "other", many cited a combination of some or all of the mentioned reasons.
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Website (intrafi.com). (July 22, 2022). Banker opinion on possible causes of a recession in the United States as of 2nd quarter of 2022 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1214283/us-banker-opinion-cause-of-recession/
Website (intrafi.com). "Banker opinion on possible causes of a recession in the United States as of 2nd quarter of 2022." Chart. July 22, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1214283/us-banker-opinion-cause-of-recession/
Website (intrafi.com). (2022). Banker opinion on possible causes of a recession in the United States as of 2nd quarter of 2022. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1214283/us-banker-opinion-cause-of-recession/
Website (intrafi.com). "Banker Opinion on Possible Causes of a Recession in The United States as of 2nd Quarter of 2022." Statista, Statista Inc., 22 Jul 2022, https://www.statista.com/statistics/1214283/us-banker-opinion-cause-of-recession/
Website (intrafi.com), Banker opinion on possible causes of a recession in the United States as of 2nd quarter of 2022 Statista, https://www.statista.com/statistics/1214283/us-banker-opinion-cause-of-recession/ (last visited August 24, 2024)
Banker opinion on possible causes of a recession in the United States as of 2nd quarter of 2022 [Graph], Website (intrafi.com), July 22, 2022. [Online]. Available: https://www.statista.com/statistics/1214283/us-banker-opinion-cause-of-recession/
