There was some good news on the U.S. economy, with Goldman Sachs saying the chances of a recession in the U.S. have dropped from 20% to 15%, although the U.S. is already in recession. As the situation unfolds, many are poring over economic data on employment and unemployment, retail sales, manufacturing, and more. All of these analysts say the chances of the U.S. falling into a deeper recession are slim and not deep. The next FOMC meeting is held in about three weeks, and there is a 92% chance that interest rates will not be raised again, with interest rates already set at 5.25%-5.5%.


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