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Chance of recession declines alongside rise in debt ceiling

Non-prime Auto Financing Conference 2023

Riley Wolfbauer

PLANO, Texas — The odds of the United States economy falling into a recession declined as the debt ceiling was raised, even as the economy is expected to shrink or minimally grow over the next few quarters.  The chances of a recession were greater than 50% a month ago, but the probability has fallen to […]

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