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Recession looks more likely but less bad

Por: The Hill Business January 25, 2023

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A recent found 70 percent of economists expect a recession in the coming year, from 49 percent in July, and 63 percent in October. Two thirds of major financial institutions. Even the Federal Open Market Committee (FOMC) has a median projection of GDP growth of just 0.5 percent in 2023, which could mean a recession early in the year. As dire as these predictions sound, the current outlook is less bad than a few months ago. Though no one wants a... + full article



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