Goldman Sachs Grows Confident US Will Avoid Recession Next Year

From Sputnik

After record breaking inflation and several bank failures, many economists predicted the United States was headed toward a recession; however, that trend has started to reverse. Last week, the Federal Reserve’s staff forecasted the economic downturn was unlikely.

Sep 5th 2023 11:08pm EDT

Source Link: https://sputnikglobe.com/20230906/goldman-sachs-grows-confident-us-will-avoid-recession-next-year-1113142578.html

Internet Archive Link: https://web.archive.org/web/20230906031317/https://sputnikglobe.com/20230906/goldman-sachs-grows-confident-us-will-avoid-recession-next-year-1113142578.html

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Discussion

I thought we were in a recession since last year. Confused!