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Bank Failures, Like Earlier Shocks, Raise Odds of Recession
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Banking-sector turmoil raises the odds that the U.S. economy, already widely seen as prone to recession, might actually tip into one.After a week of federal interventions to stabilize the banking system and market volatility driven by investor uncertainty, the economic outlook now hangs on two factors: private- sector confidence and Federal Reserve interest-rate policies.
Read more on wsj.comAbout this in other media
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