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Inflation Drop Paves Way for US Economy to Avoid Recession: Economist

The Fed could rapidly cut interest rates if higher borrowing costs threaten to push the US into recession, PIMCO's former chief economist said.

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Jeremy Siegel: Stock Bull Run Can Last Even As Fed Wages War on Growth

A recession could hit the US economy within the next few months, Wharton professor Jeremy Siegel previously warned.

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Rate Hikes Will Bite As 37% of US Companies in Trouble: Fed Economists

The Fed's interest-rate hikes could have a magnified impact on investment, employment, and economic activity when so many companies are struggling.

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Defaults Could Spike Among Young Adults Who Racked up Credit Card Debt

Credit card balances for holders under the age of 25 have grown 16% over the last year, likely because inflation has eaten into savings, Moody's said.

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The US Inflation Shock Is Over, Fed Should Stop Hiking Rates: Economist

The combined weight of consumer items below 2% was in May 2023, the lowest in over a year when inflation pressures erupted, according to economist Robin Brooks.

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