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US property industry braces for downturn

FT News Briefing

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Global Economic Concerns Amid U.S. Interest Rate Hikes

This chapter explores how increasing U.S. interest rates are reshaping the global economy, with a particular emphasis on their repercussions for various industries, including law firms. It features a notable critique from EU diplomats on the potential for a recession, indicating a growing urgency regarding the influence of U.S. monetary policy.

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