How has the chances for a recession changed in the last three months?
“I think the chances of recession have probably slipped a little. I think there’s less chance of a recession. Inflation is certainly still a concern. It’s running at 3.2%, which sounds kind of low, but because of the amount of inflation, we’ve had prices about 20% higher than two years ago, and it’s still a concern and still eating into people’s wages.”
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Augusta University
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