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Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... quarter and by 8.4% at the end of 2008. So close yet so far off. Even as late as October 2007, the Fed Reserve Bank of Cleveland published that probability of a US recession has come down to 14% from 17% in the previous month and 28% in August, noting ...
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