DESIGNER

Reagan Tumurbaatar

PROFILE/DESCRIPTION

U.S. Faces Economic Turbulence Just as Recession Fears Eased

The United States economy is suddenly staring down new and potentially damaging crises, with tensions flaring in the Middle East and several states grappling with fallout from a devastating hurricane. The events hit just as American policymakers were gaining confidence that they had successfully tamed inflation without pushing the economy into a recession and as polls and consumer surveys suggested that Americans’ sour economic mood had begun to improve. But in just a week, new risks have emerged.