Us Recession 2024 News Articles. In particular, he has said he favors lowering the corporate income tax rate to 15% from the 21% it was reduced to in the first trump administration. And any downturn would likely result from an external shock, such as a conflict involving china, rather than from domestic economic factors such as higher interest rates.
Economy continued to decline in january but importantly it is no longer signaling a recession in 2024, reflecting an economy outperforming. The economic indicator, which rosenberg calls the full.
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