In the financial world, uncertainty often casts a shadow of doubt over the future. As economic experts and analysts scrutinize current data and trends, it seems likely that the path ahead is likely to be one with its share of obstacles.
According to analysts at Moody’s Analytics, our current economic state is that of a “Slowcession,” a unique economic state that presents both challenges and opportunities for lenders and borrowers alike.
Recession uncertainty: Will we or won’t we?
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