Mixed Views on US Economy as Recession Concerns Persist
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#be35213b ver:0.27

Mixed views on US economy as recession concerns persist. Bank credit contracts for the first time since the Great Recession, raising red flags for the economy. Experts warn of increased uncertainty and higher chance of recession. Delinquency rates on loans reach highest level in 5 years, indicating potential consumer pullback. Despite concerns, CRE finance industry professionals remain optimistic. Recovery in bank credit provides hope for the economy. Chief global economist warns of impending recession driven by delayed effects of interest rate hikes. Americans withdraw savings, increasing credit card debt. Biden administration faces challenge of fighting inflation and promoting savings for economic stability. Rising unemployment in 21 states signals recession by year-end. Economy divided between rich and poor, with potential weakness in housing market. Liberal news outlet mocked for claiming no recession, ignoring financial struggles. #economy #recession #bankcredit #delinquencyrates #optimism #savings #unemployment #inflation #housingmarket #Axios...

#newstr #Recession #Economy #Inflation #Unemployment #StockMarket 

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