What you should know about recessions

Stock investors in the US are worried that the central bank will wind up slowing growth too much, setting off a recession. PHOTO: REUTERS
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(NYTIMES) - Chaotic stock markets, sky-high interest rates and the pain of inflation have left one question at the top of people's minds: Are we in a recession?

Probably not yet, but there are signs of economic weakness emerging. When that will turn into a prolonged slump and how long that downturn might last are important questions preoccupying people on and off Wall Street.

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