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How will we know if the US economy is in a recession?

Fed officials have made clear they’re willing to tip the economy into a recession if necessary to defeat high inflation.

(Rogelio V. Solis | AP Photo) Bed Bath & Beyond shopping carts are left in a corral in Flowood, Miss., on Monday, April 24, 2023. One of the original big box retailers, the company filed for bankruptcy protection on Sunday, April 23, following years of dismal sales and losses.