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Traditional recession indicators have misfired — are we in for a sneaky recession?

Por: The Hill Business August 04, 2023

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The is that “an economist is an expert who will know tomorrow why the things he predicted yesterday didn’t happen today.” It is particularly fitting today. A steady string of economic surprises during the first half of 2023 has led forecasters to their prior calls for a U.S. recession this year. , stubbornly and sustained corporate have forced the Federal Reserve to push policy rates to a . Shifting narratives surrounding the state of the... + full article



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