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Biden says 'no surprise' economy 'slowing down' as economy enters technical recession

Summary by Ground News
President Joe Biden says the nation is "on the right path" despite recession fears. The latest GDP reading comes one day after the Federal Reserve hiked interest rates. The President is scheduled to deliver two speeches related to the economy on Thursday. He will also host a group of CEOs from five major US businesses Thursday afternoon.

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  • 66% of the sources are Center
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The Washington Post broke the news in on Thursday, July 28, 2022.
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