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Goldman Sachs now expect only a 20% chance of a US recession in the next 12 months

Goldman Sachs preface their expectation with "We see a below-consensus" ...GS have been consistently below consensus with this expectation. We see a below-consensus 20% probability of entering a recession over the next year as we think taming inflation will not require a recessionwe expect the unemployment rate to end the year at 3.5% and remain there for the next few yearsSay what you like about JP, but falling inflation and low unemployment argues that he is doing just fine... Read More

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Posted: Aug 31 2023, 23:39

Author Name: forexlive

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