U.S. economy to see ‘modest recession’ next year, Fannie Mae says ...Middle East

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U.S. economy to see ‘modest recession’ next year, Fannie Mae says
Rising interest rates at the U.S. Federal Reserve will further slow an economy already weighed down by high inflation and the fallout from the Russian invasion of Ukraine, causing a “modest contraction” in the second half of 2023, according to Fannie Mae.

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