Is it a ‘richcession’? Or a ‘rolling recession’? Or maybe no recession at all?
WASHINGTON (AP) - The warnings have been sounded for more than a year: A recession is going to hit the United States. If not this quarter, then by next quarter. Or the quarter after that. Or maybe next year. So is a recession still in sight? The latest signs suggest maybe not. Despite much higher borrowing costs, thanks to the Federal Reserve's aggressive streak of interest rate hikes, consumers keep