Are We Already In A Recession? Yes, According To Fed Indicator With ‘Excellent’ Track Record

Updated Jul 1, 2022, 12:11pm EDT Topline A highly watched economic indicator with a good track record in predicting recessions cut its forecast for second-quarter gross domestic product growth this week, implying the nation has fallen into a technical recession despite economists, although increasingly bearish, widely calling for a return to growth in the second…

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