Economic Recession 2024.
This aggressive rise in interest rates and the resulting inverted yield curve caused us to pull in that anticipated mid-decade recession to 2024. If the Federal Reserve Board decides to be even more aggressive, it could make the recession steeper and potentially prolong it into 2025.
This aggressive rise in interest rates and the resulting inverted yield curve caused us to pull in that anticipated mid-decade recession to 2024. If the Federal Reserve Board decides to be even more aggressive, it could make the recession steeper and potentially prolong it into 2025.
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