Odds of a US recession at their highest since October 2013
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Washington
A DELAYED Federal Reserve rate hike, turmoil in global equity markets . . . and now increased expectations for a downturn in the US.
The probability that the world's biggest economy will enter a recession in the next 12 months jumped to 15 per cent, its highest level since October 2013, according to economists surveyed on Oct 2-7 by Bloomberg. The median had held at 10 per cent for 13 consecutive months.
Share with us your feedback on BT's products and services
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
