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US recession likely in two years, risk Fed delivers fewer hikes: Poll

GDP growth is then forecast to slow to 2.0-2.5 percent throughout 2019 and then down to 1.8 percent by mid-2020

Reuters  |  Bengaluru 

The Federal Reserve is still expected to raise interest rates again next month and three times next year, but a strong majority of economists polled by Reuters over the past week say the risk is it will slow that pace down. The probability of a U.S. recession in the next two years, while still low, also nudged up to a median 35 percent from 30 percent in the latest monthly Reuters survey of economists taken Nov 13-19. It held at 15 percent for the next 12 months. While many developed economies are already slowing, growth in the world's largest economy is still solid, riding ...

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First Published: Tue, November 20 2018. 06:01 IST
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