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Tighter lending seen bringing mild recession later this year-Vanguard - Stock market news

NEW YORK (Reuters) - Tighter lending conditions after recent bank failures will likely drive the U.S. economy into a shallow recession in the second half of this year, bolstering the case for a gradual increase in exposure to long-term bonds in anticipation of a decline in interest rates, a Vanguard executive said on Monday. | Apr. 17
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