Mild US Recession Still Possible But Slow, Steady Growth More Likely – Fed

Mild US Recession Still Possible But Slow, Steady Growth More Likely – Fed

WASHINGTON (Sputnik) – A mild recession is still possible for the United States this year but a bigger likelihood is slow and steady growth, thanks to strong consumer spending and employment, according to the minutes of the Federal Reserve’s June policy meeting that were published on Wednesday.

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