- There’s now just a 15% chance of a US recession over the next 12 months, according to Goldman Sachs.
- The Federal Reserve is close to calling time on its war on inflation, according to the bank.
- “Our confidence that the Fed is done raising rates has grown,” economist Jan Hatzius said.
The odds of the US suffering a severe economic slump anytime soon have dropped to just 1-in-7 with the Federal Reserve close to calling time on its war against inflation, according to Goldman Sachs.
The bank said Tuesday that there’s now just a 15% chance the US slips into a recession over the next 12 months, down from 20% previously.
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