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EXPLAINER: How do we know when a recession has begun?

Por: ABC News Business September 21, 2022

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WASHINGTON -- The Federal Reserve sent a sobering message Wednesday after it : It plans to keep raising rates as long as it takes to conquer the worst inflation bout in decades — even at the risk of causing a recession in the process.Its aggressive pace of rate hikes will increasingly make borrowing and spending costly for consumers and businesses. Job cuts and rising unemployment could follow. And eventually, as the job market steadily... + full article



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