US recession risk climbing
Posted On: 18th May 2022
The path to avoid a recession in the US, the world’s largest economy, is starting to narrow. Inflation remains red hot – the annual rate was 8.3% in April, compared to 8.5% in March, according to the US Department of Labor – while signs that the economy is weakening continue to mount.
The path to avoid a recession in the US, the world’s largest economy, is starting to narrow. Inflation remains red hot – the annual rate was 8.3% in April, compared to 8.5% in March, according to the US Department of Labor – while signs that the economy is weakening continue to mount.
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