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The Wall Street Journal: Recession Risk Is Rising, Economists Say

The Wall Street Journal, April 10, 2022, Recession Risk Is Rising, Economists Say

Economists surveyed by The Wall Street Journal this month on average put the probability of the economy being in recession sometime in the next 12 months at 28%, up from 18% in January and just 13% a year ago.

“Risk of a recession is rising due to the series of supply shocks cascading throughout the economy as the Fed lifts rates to address inflation,” said Joe Brusuelas, chief economist at RSM US LLP.

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