The latest recession probability models by Bloomberg economists Anna Wong and Eliza Winger forecast a higher recession probability across all timeframes, with the 12-month estimate of a downturn by October 2023 hitting 100%, up from 65% for the comparable period in the previous update.
But tightening financial conditions, persistent inflation and expectations of a hawkish Federal Reserve pressing ahead with rate hikes are raising the risk of a contraction. But inflation, which has hovered near a four-decade high, has been a drag on Democrats’ prospects in an election where polls indicate the economy is voters’ top issue.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Won't bother zelensky..
It's the WAR U.S. must STOP fueling RUSSIA ukraine
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Business Maverick: Chip Delivery Times Shrink in Sign That Supply Crunch Is EasingChip delivery times shrank by four days in September, the biggest drop in years, in a sign that the industry’s supply crunch is easing.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: China stocks slide as Xi disappoints on Covid Zero policyTraders in China hoping for signs of a shift away from Covid Zero and further support for the ailing property sector were disheartened by President Xi Jinping’s speech, spurring a decline in stocks. The benchmark CSI 300 Index slid as much as 0.9% on Monday, after anticipations ahead of the twice-a-decade Party Congress contributed to a jump on Friday. A gauge of Chinese equities listed in Hong Kong slumped as much as 2.2%. 0.9%?
La source: dailymaverick - 🏆 3. / 84 Lire la suite »
Business Maverick: Asian stocks drop, dollar slips amid wary trading: markets wrapAsian equities fell while major currencies made gains against the dollar in a cautious open to the week following further weakness on Wall Street and a defiant message to the world from China’s Communist Party congress.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »