Recession is likely next year, says JPMorgan's Michael Feroli

Michael Feroli, JPMorgan chief U.S. economist, joins 'Closing Bell' to discuss why markets are reacting negatively despite the Fed's efforts to tighten monetary policy to tame inflation. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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