- A majority of United States economists see an overwhelming chance that the U.S. economy plunges into a recession in 2023 because of the Federal Reserve’s massive interest rate hikes, according to the latest reports.
- The chance of an economic downturn in 2023 reached 70 percent in December, increasing from 65 percent in November, according to a Bloomberg monthly survey of economists.
Experts Warn: 70% Chance Of Recession, Up From 65%
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