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100% probability of U.S. recession in next 12 months, according to new forecast

Por: MarketWatch Business October 18, 2022

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 latest statistical projections showed a 100% probability of a recession within the next 12 months as the U.S. economy contends with decades-high inflation, Federal Reserve interest-rate hikes and mounting geopolitical tensions. The likelihood of a recession was 65% in the Bloomberg model’s most recent previous update. Generated by economists Anna Wong and Eliza Winger, the model utilizes 13 macroeconomic and financial indicators to assess... + full article



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