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With the current U.S. inflation rate at 7.1%, interest rates rising and housing costs up, many Americans are wondering if a recession is looming.

New yorkUnited statesBryan keoghBrian blankRodney ramcharanInternational monetary fundUniversity of southern californiaMississippi state universityFederal reserveHousing crisisPossible recessionTwo economists forecast whatSouthern californiaInternational monetaryNew york fedRepublican house