Employees work at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters The economy sent a low-key signal Thursday that a recession is looming…
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A stagflationary debt crisis looms
The US Federal Reserve is grappling with how to reduce inflation, which at 8.2% (September CPI) is running about four times the Fed’s 2% target, without causing a recession…