Is a recession coming? ...Middle East

Quartz - Economy
Is a recession coming?
Economic forecasters have downgraded their estimates of US economic growth this year, as the economy struggles with high inflation, higher oil prices caused by the war in Ukraine, and ongoing covid-related supply disruptions. There is now about a one-in-three chance that the US economy enters recession this year, according to a range of forecasters using different methods.“I’d put the odds around a third that we’ll have at least a mild recession by the end of the year,” said Karen Dynan, a senior fellow at the Peterson Institute for International Economics. In a recent research note, Goldman Sachs economists estimated the chance of a recession this year between 20% and 35%; bettors on the pr

Hence then, the article about is a recession coming was published today ( ) and is available on Quartz ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Is a recession coming? )

Apple Storegoogle play

Last updated :

Also on site :