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Wall Street Journal Survey: Chances of Recession Increasing Rapidly

Wall Street Journal Survey: Chances of Recession Increasing Rapidly

The Wall Street Journal's last survey of economists raised the recession probability to 44% in the next 12 months. Factors for the recession probability include higher borrowing costs, inflation rate, supply chain problems, and commodity-price shocks. Economists see "dimming chances that a steeper path of interest rate increases by the Fed can cool

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