Multiple American experts warn: The probability of the U.S. economy entering a recession is increasing.
In a comprehensive report, several American experts recently analyzed that rising oil prices will subject the United States to greater inflation pressure and a higher probability of economic recession. Brad Setser, a senior researcher at the Council on Foreign Relations, stated that the oil shock caused by the American and Israeli attacks on Iran has just begun, and the United States cannot escape this round of oil price shocks. Mohammad Erian, a professor at the Wharton School of the University of Pennsylvania, said that the conflicts in the Middle East have increased the probability of the United States falling into a recession, with rising oil prices being just one of the reasons. Mark Zandi, the chief economist at Moody's Analytics, also stated that the likelihood of the US economy entering a recession is increasing. Zandi stated that with the dual impact of rising oil prices and a weak job market, the US economy falling into a recession has become a "serious threat."
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