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The economy right now is the Fed’s ‘worst nightmare’ and there’s a 50% chance of a global recession, Citi economist says

The economic outlook isn’t great, and the odds of a global recession hitting are about 50%, according to Citigroup’s team of economists. “I would say the recent economic data has been the central bank’s worst nightmare,” Citi’s global chief economist Nathan Sheets said in an interview on Yahoo …

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