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The two signs stoking recession fears in US, and when it might begin
The US may be on the brink of a recession, with the Sahm Rule triggered by rising unemployment and an inverted Treasury yield curve. Experts have mixed opinions on the timing and severity, but JP Morgan estimates a 35% chance of recession by end-2024 and 45% by end-2025.
The US may be on the brink of a recession, with the Sahm Rule triggered by rising unemployment and an inverted Treasury yield curve. Experts have mixed opinions on the timing and severity, but JP Morgan estimates a 35% chance of recession by end-2024 and 45% by end-2025.
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