Recession Is Here: Fed Predicts Negative 2Q Growth

The U.S. economy is expected to contract in the second quarter, the latest estimate from the Federal Reserve Bank of Atlanta shows.The economy is expected to fall to a negative 1 percent annual rate in the April-to-June period, according to the Atlanta Fed Bank’s GDPNow model. That’s down from an 0.3 percent projection from earlier this […]

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