皇冠现金网app(www.hg108.vip)_Chances of global recession nearing 50%: Citigroup

时间:4周前   阅读:16   评论:1

皇冠现金网appwww.hg108.vip)是一个开放皇冠现金网代理APP下载、皇冠现金网会员APP下载、皇冠现金网线路APP下载、皇冠现金网登录APP下载的皇冠现金网平台。皇冠现金网APP上最新登录线路、新2皇冠现金网更新最快。皇冠现金网APP开放皇冠现金网会员注册、皇冠信用网代理开户等业务。

,

BENGALURU: Citigroup is forecasting a near 50% probability of a global recession, as central banks rush to raise interest rates to stamp out inflation that has been partly fueled by the impact of the Ukraine war and the COVID-19 pandemic.

Recession is an "increasingly palpable risk" for the economy, Citigroup *** ysts wrote in a note on Wednesday, while assessing the likely trajectory for global growth over the next 18 months.

"The experience of history indicates that disinflation often carries meaningful costs for growth, and we see the aggregate probability of recession as now approaching 50%," the *** ysts said.

Barclays weighed in on the current economic uncertainty on Thursday, saying it now expects growth of the developed economies to slow to 1% in 2023, and that the euro area could enter a recession from the fourth quarter of this fiscal year.

"Meanwhile, the U.S. economy is about to run headfirst into a Fed that seems committed to hiking to far above neutral; the ongoing collapse in new home sales is likely a harbinger of things to come," the brokerage said.

Barclays expects U.S. economic growth to slow to 1.1% in 2023, a stark come down from the 5.7% pace of 2021.

Several central banks, including the U.S. Federal Reserve, have aggressively raised borrowing rates as the cost of living reaches record levels.

Fed Chair Jerome Powell said on Wednesday the central bank was not trying to trigger recession, but it was committed to bring prices under control.

Citigroup said that while recession risks were higher, all three scenarios of a soft landing, higher inflation, and global recession (were) plausible and should remain on the radar, with something closer to a soft landing as a base case. - Reuters


转载说明:本文转载自Sunbet。

上一篇:Telegram群聊机器人(www.tel8.vip)_7月1日浙江疫情最新消息:新增本土无症状2例 在嘉兴金华

下一篇:allbet手机版:Weakening demand seen for gold jewellery

网友评论