[h=inverted yield curve]1[/h]
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The Federal Reserve hiked rates 11 times in the 2022-2023 cycle, spiking its benchmark rate from near 0% to a range of 5.25%-5.50%.
"As a result, I've kind of revised my opinion," he continued. "Given the circumstances, I think it is likely we do see much slower growth in 2024."
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The inventor of the market's most famous recession indicator is confident the inverted yield curve is accurately calling a slowdown in 2024 - Google Search
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