Factbox: Wall Street sees gray skies ahead for equities as Fed tightens policy

July 14 (Reuters) - With inflation in the United States running at levels not seen in four decades, market participants worry the Federal Reserve will need to deliver hefty rate hikes to tame the surge in prices, which might push the economy into a recession.

These concerns have led to a rout in U.S. equities in recent months, and prompted banks to roll out bearish forecasts.

Here are some estimates from major banks on the possibility of a recession in the United States:

Source: Research notes from banks, *media reports

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Reporting by Niket Nishant, Manya Saini and Medha Singh in Bengaluru; Editing by Krishna Chandra Eluri, Amy Caren Daniel and Vinay Dwivedi

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