Simon Kennedy

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Goldman Economists Lift 'Limited' Recession Risk To 25%

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The economy continues to look “fine overall,” the firm's analysts said.

Summers Is More Optimistic On U.S. Outlook Than He Was A Few Months Ago

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“Soft landings are the triumph of hope over experience," he said.

What Does World Economy Look Like Through 2075? Here's What Goldman Sachs Thinks

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Goldman economists view protectionism and climate change as significant risks for growth through the next five decades.

Deutsche Bank, Citi See 50% Recession Chance As Rates Rise

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Citigroup now sees the world economy growing 3% this year and 2.8% in 2023.

El-Erian Says US Can't Avoid Stagflation Even As Fed Tightens

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The Gramercy Fund chair said the Fed shouldn't have stuck to the story about transitory inflation.

Yellen To Warn War Threatens ‘Enormous Economic Repercussions'

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Her comments came as the International Monetary Fund is preparing to cut its forecasts for global growth.

Goldman Analyst Warns Cyberwarfare Could Inflict Economic Costs

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The U.S. is less vulnerable than many because it invests more in security and has stricter regulatory requirements.

Goodbye Easy Money As Hawkish Central Banks Speed Up Rate Hikes

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Policymakers recognize inflation as a bigger risk than the pandemic.

Yellen, In MLK Address, Says Economy ‘Never Worked Fairly for Black Americans'

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A government report this month showed the unemployment rate for Black Americans rose to 7.1% in December.

World Economy Set To Surpass $100 Trillion In 2022

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Global gross domestic product will be lifted by the continued recovery from the pandemic, a new report says.

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