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Cracks emerged in a resilient US economy before war in Iran sent oil prices rocketing - AP News
Overview
Recent data showed the U.S. economy was losing momentum before the Iran war, increasing the risk that rising energy prices and inflation could weaken growth. Those signals have heightened concerns about U.S. economic vulnerability. Mark Carney’s comment that Canada’s strong economic ties to the U.S. are now a weakness reinforces Ottawa’s rationale for diversifying international partnerships to reduce exposure to U.S. shocks.
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ORGAssociated PressORGU.S. Department of CommerceLOCUnited States
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