The Fed: Fed’s Goolsbee says a mild recession is definitely a possibility

The Fed: Fed’s Goolsbee says a mild recession is definitely a possibility

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The U.S. economy could slip into recession given the fast pace of interest rate rates over the past year, said Chicago Fed President Austan Goolsbee on Friday. “There is no way you can look at current conditions around the U.S. and not think that some mild recession is on the table as a…

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