For months, economists have debated the likelihood of a recession. While some people are still optimistic that we can avoid it, a recession is beginning to look more likely.

A stronger-than-expected jobs report was cause for celebration for some, as job losses are a hallmark of recessions. A historically low unemployment rate also means the economy is showing no signs of slowing down, which can be a positive.

However, inflation also remains stubbornly high, which could lead the Federal Reserve to be more aggressive in its interest rate hikes -- which has the potential to result in a recession.

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Source Fool.com