The San Francisco Fed considers a recession likely within 2 years
CHICAGO (Reuters) - There is a likelihood of "significant" that the U.S. economy plunges further into recession within the next two years, researchers believe the Federal Reserve Bank of San Francisco.
According to them, the risk that the U.S. dive back into recession is higher than the chance they reconnect with the economic expansion.
Concerns about a recession "W" are gaining momentum in the U.S. as dotted bad economic indicators suggest that the recovery has stalled.
Researchers at the San Francisco Fed, Travis Berge, a graduate of the University of California, and Oscar Jorda, teaching in the same university were based on reading the index of leading indicators to hypothesize a recession.
The figures "show that the macroeconomic outlook is able to deteriorate progressively from next summer", they believe.
"Of course, economic policy can influence the scenario," they add.
Posted by Learning Foreign Exchange
on 4:27 PM.
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