Goldman Sachs Raises U.S. Recession Risk to 25%—Why They're Still OptimisticAccording to foreign reports, Goldman Sachs has increased the probability of a recession in the U.S. next year from 15% to 25%.
U.S. Economy Thrives Despite High Interest Rates—Are We Out of the Woods?The U.S. economy exhibited stronger growth in the last quarter, marking the second consecutive quarter of acceleration...
Fed's Powell hints at interest rate cuts, but adds more evidence neededFederal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal.
Could Stubborn Fed Policies Lead to Recession? El-Erian Thinks SoAllianz Chief Economic Advisor Mohamed El-Erian warned that the U.S. Federal Reserve (Fed) could risk economic recession if it delays interest rate cuts. In an article contributed to the Financial Times (FT) on June 18, El-Erian criticized the Fed for insisting on delaying rate cuts, arguing that cutting sooner rather than later reduces the risk […]
Interest Rates Hold Firm as Fed Evaluates Economic GrowthThe U.S. has once again frozen its benchmark interest rate. The U.S. Federal Reserve (Fed) announced on the 12th (local time) that it unanimously decided to maintain the benchmark interest rate at its current level following the regular meeting of the Federal Open Market Committee (FOMC). The Fed, which had aggressively raised interest rates until […]
Federal Reserve Chair Powell Cautious on Long-Term Outlook Despite Interest Rate HikeFederal Reserve officials raised the long-term target interest rate on March 20th (local time). However, Jerome Powell stated that this does not necessarily signal a continuous rate increase. The current target rate is between 5.25% and 5.50%, with a forecasted rate cut of 0.75% this year. The administrators have raised the long-term forecast for the […]
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