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S&P Global expects US growth to decline by 80 basis points to 2.4%, eurozone growth to drop by 60 basis points to 2.7%, and China's growth to fall by 70 basis points to 4.2%, as global economy continues to face unusually large number of negative shocks
Published: May 18, 2022 by PR Newswire
Wells Fargo sees mild US recession on the horizon for end-2022 and early 2023, making it one of the more bearish big US banks; 2022 GDP growth target lowered to 1.5% from 2.2%, and 2023 GDP expected to decline 0.5% from previous forecast of 0.4% growth
Published: May 18, 2022 by Reuters
Goldman Sachs lowers China's 2022 GDP growth forecast to 4% from 4.5% due to COVID-related damage to the economy in Q2, but projection also assumes COVID is mostly under control going forward, property market improves from here
Published: May 18, 2022 by Reuters
Euro area GDP increased by 0.3% in Q1 from Q4, up by 5.1% year-over-year: Eurostat
Published: May 17, 2022 by Eurostat
Goldman Sachs lowers 2022 US GDP forecast to 2.4% from 2.6% to reflect tighter financial conditions as Fed aggressively hikes interest rates, which are currently 'in the ballpark' of what's ultimately needed to cool wage and price pressures
Published: May 16, 2022 by Business Insider

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