11-01-2019 17:27 via ocregister.com

US recession risk hits 6-year high amid trade war, shutdown

By Katia Dmitrieva, Chibuike Oguh and Catarina Saraiva, Bloomberg
Economists put the risk of a U.S. recession at the highest in more than six years amid mounting dangers from financial markets, a trade war with China and the federal-government shutdown.
Analysts surveyed by Bloomberg over the past week see a median 25 percent chance of a slump in the next 12 months, up from 20 percent in the December survey. The Federal Reserve is now projected to keep interest rates steady in the first quarter,
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