tldrdaily.news logo
Tag

Recession Odds

All articles tagged with #recession odds

economics1 year ago

"Federal Reserve's Caution: Balancing Inflation and Interest Rates in Today's Economy"

Economists see a reduced 40% chance of a recession in the next year, down from a high of 65% in early 2023, as the economy remains strong with lower inflation and robust consumer spending. Rent prices are starting to rise after months of stability, but the increase is still lower than the overall inflation rate. The Federal Reserve is cautious about rate cuts, with investors predicting a 68% chance of a rate cut by June, as officials emphasize the need for more data to verify progress on inflation before making any moves.

via Investopedia|
#economics#federal-reserve#interest-rates
economy2 years ago

"Experts Predict 50% Chance of Recession in 2024 as Economy Slows: NABE"

Economists from the National Association of Business Economics (NABE) predict a sharp slowdown in the US economy in 2024, with a projected growth rate of 1% between the fourth quarter of 2023 and the fourth quarter of 2024. The US GDP is expected to slow to 1.2% in the fourth quarter of this year, and manufacturing has contracted for the 13th consecutive month. Despite the slowdown, fewer economists see a recession on the horizon, with three in four assigning a probability of 50% or less. Inflation is expected to continue moderating, but it is unlikely to reach the Federal Reserve's 2% target before the end of 2024.

via Fox Business|
#economy#gdp-growth#inflation
finance2 years ago

"Stocks Slide as Oil Prices Surge: Live Updates"

Stocks fell at the start of the week due to a rise in oil prices after Saudi Arabia extended its voluntary oil production cuts, with the Dow Jones Industrial Average losing 80 points. However, Goldman Sachs cut its recession odds to 15% and predicted that the Federal Reserve would skip a rate hike this month. Despite September historically being a weak month for equities, technical indicators and recent market momentum suggest that it may not be as bad as expected. In other news, Barclays upgraded Oracle to overweight, and UBS expects "clear signs of slowing" for the US economy by November's FOMC meeting.

via CNBC|
#finance#oil-prices#oracle