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US Recession Is Avoidable If Fed Can ‘Thread the Needle’

  • Households still have buying firepower, and jobs are growing
  • Much seen riding on course of the Fed’s tightening campaign
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WATCH: “Europe definitely felt more likely to be heading into a recession than you see in the US,” Citi CEO Fraser says, and adds that even in the US a recession is “not easy to avoid.”Source: Bloomberg
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To hear some of the chatter in financial markets and corporate America’s C-suites, a US recession is imminent and inevitable.