Europe’s Gas Crisis Means Its Chance of Recession is Twice as High as for the US, Goldman Sachs Warns

Goldman Sachs strategists believe Europe's chances of a recession are now twice as high as those of the US, as a growing energy crisis risks plunging the continent into economic downturn. Surging commodity costs are likely to keep inflation higher for longer and increase recession risk, according to ...

This post was originally published on this site