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Tag: recession risk

  • Potential Recession Threat: Local Economist

    Potential Recession Threat: Local Economist

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    by

    Reia Leen Delantar
    in

    Many economists expect a 2024 recession, but LaGrange College vice president for academic affairs and economist Dr. Brian Peterson is optimistic. Peterson says there is no immediate recession risk because employment is high, prices are average, and GDP is growing. The Fed’s unwillingness to alter interest rates soon boosts the outlook. Post-Pandemic Economic Trends: Consumer…