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Critical recession indicator used by New York Fed to calculate the odds of a recession next 12 months just hit highest level Read More

Andrew Harrer/Bloomberg
Jerome Powell Photographer: Andrew Harrer/Bloomberg
A key recession tracker just hit its highest level since 2009, sending a signal that an economic downturn may be looming on the horizon.

Critical recession indicator used by New York Fed to calculate the odds of a recession next 12 months just hit highest level Read More