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Fears of an Imminent Recession Appear Overstated, for Now

After Market Turmoil, New Forecasts Call for Higher Economic Growth
CoStar Analytics
August 14, 2024 | 2:16 P.M.

The combination of the Bank of Japan raising its policy interest rate, a weak U.S. jobs report showing higher unemployment and a downturn in a widely followed manufacturing survey spooked investors and brought chaos to markets last week.

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