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PIMCO sees 30 pct chance of 2019 U.S. recession

Friday, December 14, 2018 - 03:31

Higher interest rates and fading fiscal stimulus will leave the U.S. economy at a 30 percent chance of falling into a recession, the highest probability at any point during the nine-year economic expansion, PIMCO said as it looked ahead to 2019.

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Higher interest rates and fading fiscal stimulus will leave the U.S. economy at a 30 percent chance of falling into a recession, the highest probability at any point during the nine-year economic expansion, PIMCO said as it looked ahead to 2019.

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PIMCO sees 30 pct chance of 2019 U.S. recession

Friday, December 14, 2018 - 03:31