Federal Reserve

US recession this year 'more likely than not,' analysts warn

US recession this year ‘more likely than not,’ analysts warn

The US economy is more likely than not to sink into a recession this year as the Federal Reserve tightens monetary policy in its bid to cool decades-high inflation, economists warned Monday. “Disruptions in the energy and food sectors, coupled with declining consumer sentiment, are contributing to a looming economic slowdown in the US and …

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