Markets Eye Potential Recession Triggers as Fed Weighs Interest Rate Path

Markets watching for Fed's interest rate decision and whether higher rates could trigger a recession
Last year many expected rate hikes to lead to a recession, but so far economic data has defied expectations
Key indicators to watch GDP projections, unemployment rate trends, Fed's outlook on overall economy strength
Debate over whether Fed should cut rates as "maintenance cuts" to sustain growth or hold rates higher to curb inflation
Need to monitor economic data for signs of deterioration; resilient consumer could prevent recession despite steady rates