U.S. is approaching recession – Goldman Sachs
The United States is facing a recession because of the increase in already
record inflation caused by sanctions against Russia. According to
Goldman Sachs, it could occur next year with a probability of
of 20 to 35%.
The bank has revised down the U.S. GDP growth forecast for the current year.
downward. The new estimate is 1.75%, which is 0.25% less
previous estimate. Analysts expect a slowdown in growth rates both at the end of the
of the first two quarters, as well as the results of the year.
Last week the U.S. stock indices ended the previous week in the red, dropping 0.69% to 1.59%.
The Fed, according to leading investment strategist at
PGIM Quant investment strategist Ed Keon, the Fed will have to balance its actions,
to counter inflation on the one hand and avoid a recession on the other.
to avoid a recession.
The IMF, according to its head Kristalina Georgieva, will publish a new forecast next month.
next month will publish a new forecast of global economic growth
for the current year. In all likelihood, it will be once again
down.