Simon Kennedy
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Goldman Economists Lift ‘Limited’ US Recession Risk To 25%
Goldman Sachs Group Inc. economists increased the probability of a US recession in the next year to 25% from 10%, but said there are several reasons not to fear a slump even after unemployment jumped.
- Monday August 5, 2024
- Author: Simon Kennedy
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Goldman Economists Lift ‘Limited’ US Recession Risk To 25%
Goldman Sachs Group Inc. economists increased the probability of a US recession in the next year to 25% from 10%, but said there are several reasons not to fear a slump even after unemployment jumped.
- Monday August 5, 2024
- Author: Simon Kennedy
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Powell Says Likely Need Two Or More Hikes To Cool Inflation
Federal Reserve Chair Jerome Powell said at least two interest-rate increases are likely necessary this year to bring the inflation rate down to the US central bank’s 2% target.
- Thursday June 29, 2023
- Author: Catarina Saraiva, Alonso Soto, Simon Kennedy
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Powell Says Likely Need Two Or More Hikes To Cool Inflation
Federal Reserve Chair Jerome Powell said at least two interest-rate increases are likely necessary this year to bring the inflation rate down to the US central bank’s 2% target.
- Thursday June 29, 2023
- Author: Catarina Saraiva, Alonso Soto, Simon Kennedy
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Investors See More Fed Rate Hikes and No Cuts Until 2024, Poll Shows
Investors expect the US Federal Reserve will keep raising interest rates, with most not anticipating cuts to begin until well into 2024.
- Thursday June 15, 2023
- Author: Simon Kennedy
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Things To Know As Davos Returns In Winter Amid 'Polycrisis' Risk
Global elite makes first January trip up mountain since 2020. ‘Cooperation in a Fragmented World’ is theme for leaders.
- Sunday January 15, 2023
- Author: Simon Kennedy
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What Does World Economy Look Like Through 2075? Here’s What Goldman Sachs Thinks
Goldman Sachs Group Inc. economists have taken a stab at predicting the path of the world economy through 2075.
- Wednesday December 7, 2022
- Author: Simon Kennedy
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What Does World Economy Look Like Through 2075? Here’s What Goldman Sachs Thinks
Goldman Sachs Group Inc. economists have taken a stab at predicting the path of the world economy through 2075.
- Wednesday December 7, 2022
- Author: Simon Kennedy
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Global Inflation Peaks Near Double-Digits, But Remains A Problem
Global inflation is showing signs of having peaked, although a likely slow retreat from multi-decade highs means it will remain a bugbear for central banks into 2023.
- Monday December 5, 2022
- Author: Alex Tanzi, Simon Kennedy
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Goldman Sachs Now Sees Fed Rates Peaking At 5% In March
Goldman Sachs economists said they now expect the Fed to raise interest rates to 5%, higher than previously predicted.
- Sunday October 30, 2022
- Author: Simon Kennedy
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Goldman Sachs Now Sees Fed Rates Peaking At 5% In March
Goldman Sachs economists said they now expect the Fed to raise interest rates to 5%, higher than previously predicted.
- Sunday October 30, 2022
- Author: Simon Kennedy
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Summers Says Powell ‘Did What He Needed To Do’ In Jackson Hole
Former U.S. Treasury Secretary Lawrence Summers handed out some rare praise for the Federal Reserve.
- Saturday August 27, 2022
- Author: Simon Kennedy
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Summers Says Powell ‘Did What He Needed To Do’ In Jackson Hole
Former U.S. Treasury Secretary Lawrence Summers handed out some rare praise for the Federal Reserve.
- Saturday August 27, 2022
- Author: Simon Kennedy
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Here’s How Badly Central Banks Failed To Spot Inflation Shock
Global central banks have made one of their biggest forecasting failures on record.
- Friday July 29, 2022
- Author: Simon Kennedy
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Citigroup Economists See Chance of Global Recession Nearing 50%
Economists at Citigroup said if a recession did occur it was likely to be a “garden variety."
- Wednesday June 22, 2022
- Author: Simon Kennedy