Economists predict "W-shaped" recovery
Many economists think the economic recovery will be "W shaped," meaning the economy might go up and down before resuming a course of growth. Most recoveries since the 1940s have been V shaped. This time, the Federal Reserve and other central banks have been injecting trillions of dollars into the global economy, meaning a sharp rise in inflation could fuel a bouncy ride ahead, observers said.
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posted by Victor Lloyd Smith @ 2:21 PM
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