– Goldman Sees A UK Recession, Shocked By A Fed “Tightening Cycle Unlike Any In Modern History”:
Looking at the UK, Goldman says “we expect a recession – albeit mild by historical standards – in the first half of next year. The weaker outlook will also weigh on the inflation outlook. Meanwhile, back in the US, “our forecasted path for the funds rate now looks quite unlike any tightening cycle in modern Fed history—one increase, followed by an extended pause, followed by gradual but steady increases over the subsequent three years.”
* * *
PayPal: Donate in USD
PayPal: Donate in EUR
PayPal: Donate in GBP
Tags: Brexit, Economy, Global News, Politics, U.K.
Leave a Reply