Most analysts believe the world’s largest economy will still achieve a soft landing, with inflation falling back to 2 per cent goal without a sharp rise in unemployment.
London/Washington | Jittery investors have overplayed the threat of a US recession, economists say, but years of bumper growth are over as the world’s largest economy heads for a slowdown.
The global sell-off in equities that began on Friday and ran into this week was triggered by concerns over the health of the US economy, including a weaker than expected jobs report.
