The US economy may be in the grip of recession, there are signs of it. US recession economy may fall into recession economist predict

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 The US economy may be in the grip of recession, there are signs of it.  US recession economy may fall into recession economist predict


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US economy

US recession: Regarding the new situation in the US economy and policy signals from the US Federal Reserve, many economists recently said that the US economy is facing many difficulties, and the economic recession may last for the year 2023 or even more.

Hence the fear of recession in the country increased


America The signs of recession are beginning to be heard. Inflation has peaked, interest rates are rising and house sales are declining steadily. US GDP declined in the first quarter of the calendar year 2022. The month of April was also very bad for the US stock market. April was the worst month for the Nasdaq since October 2008. This month was also the worst for S&P since March 2020. Due to this, the fear of recession in the country has increased further. Many experts say that these are signs of recession.

British media recently released a survey stating that US real estate prices are too high, with rising bond rates, real estate growth will be very slow. As an important part of the economic sector, the pressure on the US real estate market has attracted public attention. Analysts believe that in such a situation, the US economy could be in the grip of a severe recession.

‘America may have a more severe economic recession in the future’
Stephen Roach, a senior researcher at Yale University, believes that the current economic performance of the US suggests that there could be a more severe economic downturn in the future, and it will continue till 2024.

Experts in many countries believe that the challenges facing the US economy are mostly due to its own factors, including monetary policy, and that its spillover effect will drag down the global economic recovery and bring serious challenges to developing countries and emerging economies.

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