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Goldman Sachs lowers odds of US recession
A recession next year is now even less likely following the blowout jobs report, says Goldman Sachs
Economists are less concerned about an imminent downturn after far more jobs were added in September than expected, and unemployment fell.
Goldman Sachs Says a Recession Is Less Likely Given Strong Jobs Data
Key Takeaways A strong jobs report has reduced than chances of a recession in the next 12 months, according to Goldman Sachs analysts.A lower unemployment rate avoids a key early stage recession indicator called the "Sahm Rule.
Strong September Jobs Report Reduces Recession Fears
The September jobs report was stronger than expected and is likely to assuage recession fears, driving up hopes for soft landing or no landing economic scenarios.
Goldman Sachs lowers odds of US recession to 15% after better-than-expected jobs report
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months by five percentage points to 15%, following the latest employment report that showed better-than-expected data.
3d
on MSN
Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say
A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while ...
6abc News
3d
Blockbuster jobs report paves way for US economy to avoid recession: Experts
A blockbuster
jobs
report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while the U.S. economy averts a
recession
, experts told ABC
News
. Employers ...
3d
Mexican Peso soars as US stellar jobs data eases recession fears
The USD/MXN uptrend is doubtful as the pair cleared the 50-day Simple Moving Average (SMA) at 19.33, with sellers gathering ...
3d
September jobs report: Payrolls rise 254,000 as unemployment rate slips to 4.1%
The 254,000 reported increase in jobs in September flies against recent trends and is unlikely to be the benchmark going ...
3d
Blowout US employment report reinforces economy's resilience
U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1%, pointing to a ...
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