简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Wells Fargo sees end of year U.S. recession, cuts GDP view
Abstract：(Reuters) – Wells Fargo Investment Institute said on Wednesday it adjusted its economic expectations to make a mild U.S. recession its base case for the end of 2022 and early 2023 based on economic data.
div classBodysc17zpet90 cdBBJodivpReuters – Wells Fargo Investment Institute said on Wednesday it adjusted its economic expectations to make a mild U.S. recession its base case for the end of 2022 and early 2023 based on economic data.p
pWells Fargos research arm also cut its yearend 2022 Gross Domestic Product GDP growth target to 1.5 from 2.2 and cut its yearend 2023 target to a decline of 0.5 from GDP growth of 0.4. It kept its 2022 yearend Consumer Price Index CPI inflation estimate at 7.7.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pIt also cuts its S&P target for yearend 2022 to range of 4,2004,400 from a range of 4,5004,700 but kept its 2022 EPS estimate at 220.p
p
pp Reporting By Sinéad Carew Editing by Chizu Nomiyamap
divdivdiv classBodysc17zpet90 cdBBJodivdivdiv
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
WikiFX Broker
Latest News
Geopolitical Events: What They Are & Their Impact?
WikiFXVolkswagen agrees deal to avoid Germany plant closures
WikiFXTop 10 Trading Indicators Every Forex Trader Should Know
WikiFXWikiEXPO Global Expert Interview: Simone Martin—— Exploring Financial Regulation Change
WikiFXTradingView Launches Liquidity Analysis Tool DEX Screener
WikiFXMultiBank Group Wins Big at Traders Fair Hong Kong 2024
WikiFX'Young investors make investment decisions impulsively to keep up with current trends' FCA Reveals
WikiFXWhy Do You Feel Scared During Trade Execution?
WikiFXCySEC Settles Compliance Case with Fxview Operator Charlgate Ltd
WikiFXScope Markets Review: Trustworthy or Risky?
WikiFXCurrency Calculator
