The Fed’s staff is no longer forecasting a US recession ...Middle East

Quartz - Economy
The Fed’s staff is no longer forecasting a US recession
Along with a decision to raise benchmark interest rates by another 25 basis points in July, Federal Reserve chair Jerome Powell revealed that the staff of the Fed no longer expects the US economy to enter into a recession—something that bodes well for the prospect of lowering inflation without increasing unemployment.Read more...

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