U.S. heading into shallow recession, no respite from rate hikes yet: Reuters poll

U.S. heading into shallow recession, no respite from rate hikes yet: Reuters poll

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By Indradip Ghosh BENGALURU (Reuters) - The U.S. economy is heading into a short and shallow recession over the coming year, according to economists polled by Reuters who unanimously expected the U.S. Federal Reserve to go for a smaller 50 basis point interest rate hike on Dec. 14. The Fed has…

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