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US may narrowly escape a recession next year - Morgan Stanley

US may narrowly escape a recession next year - Morgan Stanley

Morgan Stanley projects that the global economy will grow by 2.2% next year but says that "risks are to the downside" when it comes to such an outlook. For some context, the projection is even lower than the IMF's latest growth estimate of 2.7%.

The firm says that a resilient job market could allow for the US economy to skirt a recession in 2023, "but the landing doesn't feel so soft as job growth slows meaningfully... Read More

Posted: Nov 14 2022, 05:38
Author Name: forexlive
Views: 111445

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