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By Chuck Mikolajczak (Reuters) – U.S. stocks closed with a modest bounce on Friday but still suffered the biggest weekly percentage decline in months as investors wrestled with the growing likelihood of a recession as global central banks tried to stamp out inflation. Stubbornly high inflation has unnerved investors this year as the U.S. Federal Reserve and most major central banks have begun to pivot from easy monetary policies to tightening measures which will slow the economy, possibly causing a recession, and potentially dent corporate earnings. Each of the three major Wall Street indexes …