Goldman Sachs, JPMorgan Predict Euro-Area Recession

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Goldman Sachs, JPMorgan Predict Euro-Area RecessionGlobal investment banks Goldman Sachs and JPMorgan have predicted an imminent recession in the euro area. “The risks to our forecast are skewed toward a sharper recession in the event of an even more severe disruption of gas flows, a renewed period of sovereign stress or a U.S. recession,” said the economists at Goldman Sachs. […]

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