Ripple effects of the strains on the U.S. financial system could lead to tighter credit and sharper slowdown worldwide
It also increases the risks of a global recession. Many economists expected a significant downturn in global economic growth this year even before U.S. lender , because of an expected pullback in spending and investment in the U.
S. and Europe amid climbing interest rates.France Dernières Nouvelles, France Actualités
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