Recession probability soars as inflation worsens
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3 min read . Updated: 24 Jun 2022, 12:30 AM IST Economists see interest-rate increases raising likelihood of recession to 44% in coming 12 months
Premium 3 min read . Updated: 24 Jun 2022, 12:30 AM IST Economists surveyed by The Wall Street Journal have dramatically raised the probability of recession, now putting it at 44% in the next 12 months, a level usually seen only on the brink of or during actual recessions.
