In the News

Title

There's a 25% Chance of a Recession

Document Type

Article

Publication Date

2-12-2016

Abstract

The odds of a recession are still moderate and are projected to be only at 25%, despite a global slowdown and plummeting crude oil prices, according to experts.

The probability that a recession will occur in the U.S. has risen to 25% for the next 12 months, according to Ken Chen, an economist for BBVA, the Madrid-based financial institution.