No economist or market watcher has a crystal ball. So when it comes to making predictions for the year ahead, many take a conservative stance, making their bull or bear case with a litany of caveats.

The economy will dodge a recession, but it won’t be a soft landing — a steady growth path with inflation at about 2%. Prices are up 20% since President Biden took office, and wages have not kept pace.

LONDON (Reuters) -Bank of England policymaker Alan Taylor said on Tuesday that he saw an increasingly likely risk of a "bumpy landing" for Britain's economy with inflation falling too low, in part due ...