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Tag: us consumer spending decline
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US Economy on Brink of Recession: Moody’s Chief Economist Warns Tariffs Hurting Growth
The U.S. economy is showing fresh signs of distress as Moody’s Chief Economist, Mark Zandi, warned that the country could be on the brink of a recession. Rising tariffs, restrictive immigration policies, and weakening consumer demand are putting immense pressure on growth. While the administration projects confidence, economists believe the warning lights are flashing red.…