Inflation, unemployment, the housing crisis and a possible recession: Two economists forecast what's ahead in 2023

Although a recession is likely on the horizon, it's uncertain how deep it might go. Cimmerian/E+ via Getty Images

With the current U.S. inflation rate at 7.1%, interest rates rising and housing costs up, many Americans are wondering if a recession is looming.

Two economists discussed that and more in a recent wide-ranging and exclusive interview for The Conversation. Brian Blank is a finance professor at Mississippi State University who specializes in the study of corporations and how they respond to economic downturns. Rodney Ramcharan is an economist at the University of Southern California who previously held posts with the Federal Reserve and the International Monetary Fund.