Rising Delinquency Rate Raises Concerns of Impending Recession in the US
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#be35213b ver:0.24

Rising delinquency rates and declining bank lending in the US raise concerns of an impending recession. The Federal Reserve's interest rate hikes have made loans more expensive, leading to reduced borrowing by companies. Other economic indicators, such as declining sales and shrinking commercial loans, also point to a potential economic slowdown. Delinquency rates on loans have reached their highest level in five years, indicating financial pressure on consumers. Despite some optimism in the CRE finance industry, experts warn of high inflation and increased market volatility. The recovery in bank credit provides hope, but concerns about a recession persist. The US economy needs to reduce spending and promote savings for stability. #Recession #EconomicOutlook #BankLending #DelinquencyRates #Inflation...

#newstr #Recession #DelinquencyRate #AutoLoans #Inflation #FinancialStrain 

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