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Hmmm, the entire article was 2 paragraphs, or there ways some other mishap. It was roughly a year ago, after the Russian invasion of Ukraine caused an oil-pric
by BMc2020 4y ago
Hmmm, the entire article was 2 paragraphs, or there ways some other mishap.
It was roughly a year ago, after the Russian invasion of Ukraine
caused an oil-price shock and the Federal Reserve kicked off its
interest-rate-tightening campaign, that forecasters began
warning in earnest that the U.S. economy was on the brink of a steep
downturn.
In March 2022, Goldman Sachs economists published an economic
forecast reflecting a 20% to 35% chance of an economic contraction
within 12 months. By June, JPMorgan Chase CEO Jamie Dimon was
bracing for an economic “hurricane,” and the following month, the
team at Bank of America predicted a mild recession would hit before
the year’s close. In September, policy makers at the Fed forecast
economic growth of an anemic 0.2% for the year.
- fuzzfactor 4y agoMaybe that's just supposed to be a hint about what you might be missing if you're not a subscriber.
- chewz 4y agoIt is longer then 2 paragraphs...