Top Economist Warns Fed's Rate-Cutting Agenda Could Spark US Recession
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#be35213b ver:0.36

Top economist warns that the Federal Reserve's rate-cutting agenda could spark a US recession. Bank credit is contracting, indicating companies are borrowing less due to higher interest rates. Other indicators like declining economic activity and rising delinquency rates raise concerns about the economic outlook. Despite this, there are signs of a recovery in US bank credit. The economy is facing uncertainty, with predictions of a recession due to inflation and rising rent and house prices. Rising unemployment in 21 states also signals a recession. Democrats are worried about the impact of high interest rates on housing. Economist Lawrence Summers warns of a big mortgage rate increase under Trump's policies. Mohamed El-Erian estimates a 35% chance of a recession due to the Fed's rate cuts. #economy #recession #interestrates #inflation...

#newstr #Recession #Unemployment #Economy #Inflation #Inequality #Stocks #HousePrices #ConsumerFrustration #UnemploymentReportPoliticization #InterestRates #Democrats #MonetaryPolicy #RateCuts #DonaldTrump'sEconomicPoliciesAndTheirPotentialImpactOnMortgageRates 

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