Ray Dalio, the billionaire founder of the world’s largest hedge fund, sees 25% chance of a US recession this year and in 2020 and believes the response by the major central banks would be limited, according to Bloomberg. Dalio said: The Federal Reserve, European Central Bank and Bank of Japan have to face the fact that when the next downturn comes there will not be the power to reverse it in the same way that existed before. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Germany’s Merkel: US-China trade war impacting the whole world, hopes to be over soon FX Street 4 years Ray Dalio, the billionaire founder of the world's largest hedge fund, sees 25% chance of a US recession this year and in 2020 and believes the response by the major central banks would be limited, according to Bloomberg. Dalio said: The Federal Reserve, European Central Bank and Bank of Japan have to face the fact that when the next downturn comes there will not be the power to reverse it in the same way that existed before. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
