Economist Survey Shows Probability Of Recession Is Approaching 50%
Allwork
JULY 15, 2022
Economists are increasingly confident about the likelihood of a recession in the next 12 months according to a new Bloomberg survey. . Now, forecasts for this benchmark have been raised for each quarter this year, with experts noting that the PCE price gauge is averaging 6.3% from the 30% odds seen in June. .
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