According to CNBC, the likelihood of a U.S. recession in the next year is nearing a coin flip, with a Deutsche Bank survey putting the odds at over 40%. Sentiment surveys suggest rising anxiety among consumers and business leaders, while unemployment remains low and some data indicate continued growth. Fed Chair Jerome Powell still views the economy as “strong overall,” but the Fed has trimmed its GDP outlook 2025 and raised its core inflation forecast.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Likelihood of a U.S. recession in the next year is nearing a coin flip,
00:05with a Deutsche Bank survey putting the odds at over 40 percent, according to CNBC.
00:09Sediment surveys suggest rising anxiety among consumers and business leaders,
00:14while unemployment remains low and some data indicate continued growth.
00:17Fed Chair Jerome Powell still views the economy as strong overall,
00:21but the Fed has trimmed its GDP outlook for 2025 and raised its core inflation forecast.
00:26For all things money, visit Benzinga.com slash GSTV.