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Monday’s dramatic market selloff has sent shockwaves through the financial world, raising fears of an impending recession and the possibility of a more severe financial-market crisis. This turmoil presents a significant challenge for Federal Reserve officials, who have been planning to cut interest rates by a quarter-percentage point at...
cession is a slowdown or a huge contraction in monetary sports. A widespread fall in spending normally ends in a recession. Description: Such a slowdown in monetary sports might also additionally remain for a few quarters thereby absolutely hampering the increase of a financial system. In this sort of situation,...