The U.S. economy has a better chance of skirting a recession next year than previously believed, according to Goldman Sachs strategists. In a Tues...
The U.S. economy has a better chance of skirting a recession next year than previously believed, according to Goldman Sachs strategists.
In a Tuesday analyst note, Goldman economists led by Jan Hatzius lowered their probability of a recession starting in the next 12 months to 15% from an earlier 20% forecast, citing cooling inflation and a surprisingly resilient labor market. "First, real disposable income looks set to reaccelerate in 2024 on the back of continued solid job growth and rising real wages," Hatzius said."Second, we still strongly disagree with the...
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
There’s a 15% chance US will enter recession: Goldman SachsGoldman Sachs Chief Economist Jan Hatzius predicted that “real disposable income looks set to reaccelerate in 2024.”
Read more »
Goldman Sachs cuts US recession odds next year to 15%Goldman Sachs economists lowered their probability of a U.S. recession within the next 12 months to just 15%, citing better-than-expected economic data.
Read more »
iPhone 15 Pro Max vs iPhone 15 Plus: Battle of the heavyweightsTwo years ago, if you wanted a big-screen iPhone, your only choice was to get a Pro Max. Now we have the Plus, but how these two stack against each other? Read on to find out!
Read more »
iPhone 15, iPhone 15 Pro Release Problems Hit Apple’s New iPhonesApple's iPhone 15 range has run into significant problems which are likely to impact buyers...
Read more »
iPhone 15, iPhone 15 Pro Release Date: Apple Suddenly Unveils Video CountdownAs each day passes, the schedule that edges us towards the iPhone special event becomes reassuringly familiar. Now, Apple reveals another way to watch the keynote.
Read more »
Goldman cuts US recession chances to 15% as Fed is likely done with raising rates By Investing.comGoldman cuts US recession chances to 15% as Fed is likely done with raising rates
Read more »