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

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

Lloyd Blankfein

Michael Nagle | Bloomberg | Getty Images

Former Goldman Sachs 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 Blankfein, who retired from…


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