5min chapter

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Stories to watch in 2023 | Learn English phrase 'intent on'

Plain English

CHAPTER

What to Watch for in the Near Future

Inflation in Europe and America has started to come down, but it's still high. Central banks are raising interest rates in the hopes of reducing inflation. But increasing interest rates also increases the risk of a recession in the future. Many economists predict the US will have a mild recession in 2023.

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