A new forecast from Haver Analytics predicts a 99.3% chance of a recession in the United States. Recession estimates have never been this high. Consumer spending remains vulnerable, which may lead to a contraction in the economy.
- 📉 A new forecast expects a 99.3% chance of a recession in the United States.
- 📈 Recession estimates have reached unprecedented levels.
- 💰 The Federal Reserve’s monetary policy is a primary reason for the high recession probability.
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