Mixed Views on US Economy as Recession Concerns Persist
===============	
#be35213b ver:0.29

Concerns persist over the US economy as bank credit contracts for the first time since the Great Recession, indicating reduced borrowing due to higher interest rates. Experts warn of increased economic uncertainty and a higher chance of recession. Delinquency rates on loans and rising unemployment in several states further contribute to the pessimistic outlook. However, there are signs of recovery in bank credit, offering hope for economic growth. The Biden administration faces the challenge of fighting inflation, creating jobs, and promoting savings for stability. The mainstream media is changing its tune on the expectation of a recession, acknowledging the rapid growth of the US economy. #US #economy #recession #bankcredit #interestrates #inflation...

#newstr #Recession #UsEconomy #CyclesTrading #MainstreamMedia 

 https://here.news/story/be35213b?ver=0.29