Fed's Kashkari: Banking stress brings U.S. closer to recession - CBS

Fed's Kashkari: Banking stress brings U.S. closer to recession - CBS

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Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the U.S. closer to recession, Minneapolis Fed president Neel Kashkari said Sunday in comments to CBS show Face the Nation. "It definitely brings us closer," Kashkari said. "What's unclear for us is how much…

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