US: Recession risks appear low in the near/medium term – UOB By pabspiovano UnitedStates Banks Recession YieldCurve
“The recent flattening of sections of the US Treasury yield curve and “inversion” in a key part of the yield curve has flagged concern given the track record of yield curve inversion foreshadowing US economic recessions.”
“Based on the factors we examined, we think that recession risks remain low in the next 6-12 month horizon. As such, we are maintaining our US growth projections at 3.3% in 2022 and 2.3% in 2023 and we expect the US Fed to continue with its rate hikes in the remaining 6 meetings in 2022.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.