Jan Hatzius"We have shaved our 12-month US recession probability from 30% to 25% as economic activity has held up well and our financial conditions index has eased back below pre-war levels."May 11, 2026
Hady Farag“People are preparing themselves for the fact that we are already in a recession now or that there is a high likelihood we will soon be in one.”Mar 30, 2026
JPMorgan"Looking at the economy, J.P. Morgan Global Research forecasts a 35% probability of a U.S. and global recession in 2026, and sticky inflation will likely remain a prevailing theme."Apr 15, 2025
RBC"We did the math and found it would take more than one million job losses before the US faced a true technical recession. That makes odds of one in 2026 low, even as we remain mindful of growing risks around our base case."Jun 24, 2026
Moody's Analytics"Moody’s Analytics model forecasts a 49% chance of a U.S. recession in the next 12 months, the closest probability in years."Mar 18, 2026