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But the index rose to over 90% before each of the previous four recessions, so the bank has continued to predict a soft landing.This week's interest-rate cut suggests that the Fed may be gloomier than this.
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Since the election Silver has continued to sift and predict on his blog at the New York Times, analysing topics such as the US vote for same-sex marriage, the election of the new pope and pet subject, baseball.
Though the interest costs are substantial, they have remained lower than some economists predicted because the world has continued to lend money to the United States at very low interest rates, even as the nation's debt has grown.
As we predicted last year, the power of the flower has continued to blossom well into spring.
Mr. Stern had predicted it would drop in value, but except for a dip, it has continued to rise.
China has continued to rise.
"It has continued to evolve".
The company's move into consumer electronics, like its new line of plasma televisions and digital cameras, has gone well but its PC sales have continued to decline, prompting some to predict that Gateway would have to leave the PC business eventually.
Attempts to predict earthquakes have continued to envisage disasters that never happened and failed to prepare us for those, like the 2011 disaster in Japan, that did.
In past recessions, interest rates have continued to decline even while an increase in stock prices was predicting an economic recovery months in advance.
They have continued to struggle.
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