Federal Reserve Bank of Richmond President Tom Barkin said the US central bank would need to have confidence that inflation will move down before lowering interest rates again.“You could get that confidence because it actually continues to settle,

Goldman Sachs expects more interest rate cuts from the U.S. Federal Reserve and the European Central Bank and lowered its economic growth outlook for both these regions, as it sees heightened recession risks due to U.

And a CNBC survey of economists projected only 0.3% growth. Both are estimates and may be wrong, but they suggest that the economy may be shakier than many have thought.