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recessionCNBC
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77% Informative
Goldman Sachs has cut its probability forecast for a U.S. recession to 20% from 25% , shortly after raising it from 15% .
Economists were spooked by a weaker-than-expected July jobs report.
Retail sales and jobless claims readings since then have signficantly eased concerns the world's biggest economy is heading for a recession or is already in one.
VR Score
89
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96
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37
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English
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55
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