Claims
JPMorgan"J.P. Morgan Research has raised the probability of a U.S. and global recession starting before end-2024 to 35%."Aug 15, 2024
Joseph Little"The coming recession scenario [in late 2023 and 2024] will be more like the early 1990s recession."Jul 06, 2023
Goldman Sachs"Worldwide GDP is forecast to expand 2.6% next year on an annual average basis."Nov 10, 2023
Oxford Economics"[W]e expect the world economy will grow by 2.7% both this year and next."Sep 25, 2024
Morgan Stanley"The odds of... [a] recessionary 'hard landing'... have jumped to about 25%-30%."Oct 07, 2024
Economist Intelligence UnitIf banks continue tightening, this will result in a rise in interest rates that could "eventually result in a global recession."Mar 12, 2024
Shaktikanta DasA global recession "has not happened and is unlikely to happen [in FY 2024-25]."Jan 18, 2024
The Vanguard Group"The [global] economy will experience a mild downturn as a result [of a restrictive monetary policy]."Oct 07, 2024
UNCTADGlobal economic growth will "slow to 2.6% in 2024, just above the 2.5% threshold commonly associated with a recession."Oct 07, 2024
S&P Global"We keep our probability of a [US] recession starting over the next 12 months unchanged at 25%."Apr 15, 2024