Economists expect a Recession and High Inflation in the US

The United States is likely to enter a recession this year and face high inflation through 2024, a majority of economists polled in a recent survey predicted.

More than two-thirds of respondents to the National Association for Business Economics (NABE) policy survey forecast that inflation will remain above four percent at the end of this year.

The survey aggregated responses from 217 NABE members and was conducted between March 2 and 10, the organization said in a statement.

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