What is a recession? The economic concepts explained. What causes and happens during one.
Inflation has slowed down and gross domestic product has revived, but most economists still expect a mild recession this year. In December, consumer prices rose 6.5% from a year earlier but that was down from a 40-year high of 9.1% in June. Core prices, which exclude volatile food and energy items, rose 5.7% annually, according […]
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