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Stock impact report

Wall Street resets recession bets despite Fed stagflation message [Yahoo! Finance]

M&T Bank Corporation (MTB) 
Last m&t bank corporation earnings: 4/20 06:37 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/m
Company Research Source: Yahoo! Finance
prices tied to the Iran War threaten to reignite inflation and jolt the U.S. economy into a recession Economists have sharply raised their recession odds in recent days, warning that an oil-driven inflation shock could complicate the Fed's attempt to balance the risks of higher price pressures and the softening labor market. Moody's Analytics in a new note forecasts a near 50% chance of an economic downturn in the next 12 months, far higher than the typical 20% baseline. Others, as first reported by CNBC March 25, have also lifted their forecasts: Wilmington Trust: Goldman Sachs: EY Parthenon: , with the caveat that “those odds could rapidly rise in the event of a more prolonged or severe Middle East conflict.” The concern? Not just slower growth but that higher oil prices that could feed into broader sticky inflation thus forcing the Fed to keep benchmark interest rates higher for longer. Note: History has shown us that the initial hit of energy shock passes very qu Show less Read more
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