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Goldman Sachs continues to see 35% chance of US recession( well below the 65% consensus)

Goldman Sachs continues to see 35% chance of US recession( well below the 65% consensus)
Via Goldman Sachs chief economist Jan Hatzius.continues to assess the probability of a US recession at 35% within 12 monthsThe GS projection was 25% prior to the "SVB weekend". Despite being bumped up to 35% their projections is "far below the 65% Bloomberg consensus as well as the view of the Fed staff.""[T]he risk of an outright banking crisis has declined sharply, as no additional institutions have failed since SVB weekend, Fed lending to banks has come off the highs, and deposit flight has s... Read More
Posted: Apr 13 2023, 00:43
Author Name: forexlive
Views: 082075

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