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Tuesday, February 27, 2024

Recession risks are fading, business economists say, but political tensions pose threat to economy

Recession risks are fading, business economists say, but political tensions pose threat to economy

BY PAUL WISEMAN, AP

Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn would likely result from an external shock — such as a conflict involving China — rather than from domestic economic factors such as higher interest rates.

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