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Why Everybody Is Wrong About a Recession and Housing’s Great Comeback
Plain English with Derek Thompson
Is the Federal Reserve Walking on a Wire?
The housing market turned on a dime and slowed as much as it did in the latter part of 2022. That would suggest that not only will we avoid recession, but we could be talking about re-acceleration and overheating by the middle of this year. The combination of a relatively tight labor market and a growing housing sector could mean that even as the Federal Reserve is trying to bring inflation down from seven to six,.
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