Thursday, April 25, 2024
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MoneyWatch: Is the U.S. heading for another recession?

Many Americans are questioning the financial health of the U.S. High inflation, rising interest rates, a sluggish supply chain and the war in Ukraine have created conditions for a possible recession. Yet economists say otherwise and that the economy is doing OK. Christopher Rugaber, an economics reporter for the Associated Press, explains why the economic forecast is showing a small chance of a recession. Source