Goldman Sachs cuts probability of US recession in next 12 months | Hellenic Shipping News Worldwide hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.
Market expectations of a so-called hard landing - a scenario in which the Federal Reserve s interest-rate hikes tip the economy into a recession - have been recently challenged by data showing slowing consumer and producer price inflation in June. Slowing inflation would likely lead to a more dovish monetary policy going forward.
NEW YORK (Reuters) - Goldman Sachs Chief Economist Jan Hatzius said on Monday the bank was cutting its probability that a U.S recession will start in the next 12 months to 20% from an earlier 25% forecast.
Goldman Sachs cuts probability of US recession in next 12 months kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Goldman Sachs cuts probability of US recession in next 12 months reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.