IPFS News Link • Economy - Economics USA
A U.S. Recession Just Got a Little More Likely
• BloombergA delayed Federal Reserve rate hike, turmoil in global equity markets... and now increased expectations for a downturn in the U.S.
The probability that the world's biggest economy will enter a recession in the next 12 months jumped to 15 percent, its highest level since October 2013, according to economists surveyed Oct. 2-7 by Bloomberg. The median had held at 10 percent for 13 consecutive months.