Fears Of Recession Amid Tumbling Global Stocks, Skyrocketing Inflation
Newsy
The country's financial leaders acknowledge that navigating to a stable exit from our current turmoil will be tough.
There are fears of a global recession as stock prices tumble and inflation soars.
"There are some signs that the economy could be slowing in the next little while. One of the things that we did see was, at the national level, GDP contracted," Zions Bank Senior Economist Robert Spendlove said.
Another quarter of shrinking gross domestic product and we'd technically be in a recession.
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