Tags: Goldman | Cohen | Double-Dip | Recession | Unlikely

Goldman's Cohen: 'Double-Dip' Recession Extremely Unlikely

Friday, 17 Sep 2010 02:55 PM

Abby Joseph Cohen of Goldman Sachs Group Inc. said today that the U.S. economy will experience a period of slow growth, not another recession.

“Double dip, while it can’t be ruled out, is extremely unlikely,” Cohen, the president of Goldman’s Global Markets Institute, said in a recent interview on CNBC. “We are in for a period of slow growth, but not another recession.”

Inflation and interest rates won’t “move notably higher” for some time, Cohen said.

© Copyright 2017 Bloomberg News. All rights reserved.

 
1Like our page
2Share
StreetTalk
Abby Joseph Cohen of Goldman Sachs Group Inc. said today that the U.S. economy will experience a period of slow growth, not another recession. Double dip, while it can t be ruled out, is extremely unlikely, Cohen, the president of Goldman s Global Markets Institute, said...
Goldman,Cohen,Double-Dip,Recession,Unlikely
76
2010-55-17
Friday, 17 Sep 2010 02:55 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved