Barclays warns of strong possibility of a US recession this year

  • The firm sees a "high risk" of a recession in the US economy

Barclays is warning that current economic signals are pointing towards serious challenges ahead for the US economy. Adding that all of this makes the risk of a downturn much more likely in the coming months. As such, they are expecting US GDP growth for this year to slow to 0.1% on a quarter-on-quarter basis.

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