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Recession expected by end of 2023: Fannie Mae

Por: Fox Business Business July 03, 2023

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Despite an ongoing cooling of inflation, it remains far from the Fed’s target range. (iStock) As the to reduce inflation and consumer spending remains high, the nation could soon slip into a recession, according to the Fannie Mae Economic & Strategic Research (ESR) Group's latest economic and . We expect the continued tightening of credit conditions, slowing bank lending and shrinking money supply will eventually lead to a downward turn... + full article



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