Ex-Goldman CEO Blankfein says recession possibility is ‘very high risk factor’

Lloyd Blankfein, CEO of Goldman Sachs, speaks at the Boston College Chief Executives Club luncheon in Boston, MA, U.S., March 22, 2018. REUTERS/Brian SnyderRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, May 15 (Reuters) – Former Goldman Sachs (GS.N) CEO Lloyd Blankfein said on Sunday he believes the economy is at risk of possibly going into a recession, as the U.S. Federal Reserve continues to raise interest rates to tackle rising inflation.Speaking on “Face the Nation” on CBS, Blankfein said a recession is “a very, very high risk factor.””There’s a path. It’s a narrow path,” said …
Read more…….