Odds of downturn rising amid Ukraine war, Fed hikes

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The U.S. economy is still climbing out of the COVID-induced downturn as a robust job market powers it to cruising speed.

So why is talk of recession in the air?

Some top economists are raising the odds of a slump within the next year or so amid Russia’s invasion of Ukraine, rising energy prices, historic inflation, the stock market sell-off and the prospect of aggressive Fed rate hikes.



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