After a year filled with intense worry that both the U.S. and global economy were about to tip into recession, the narrative is changing for 2020.
from the tightening bias it exhibited through 2017 and 2018.
Federal Reserve officials, at their October meeting, expressed continuing concern that downside risks remain both domestically and globally. Elsewhere on Wall Street, sentiment is rising that the U.S. likely will avoid the recession many thought coming just a few months ago, even if the outlook is somewhat less optimistic.
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