Risk of US recession at 45% – Goldman Sachs
Mihaela Păun
The Wall Street bank has raised the odds of a downturn in the country’s economy following Donald Trump’s massive tariff hike Goldman Sachs has raised the odds of a US recession, warning that President Donald Trump’s sweeping new tariffs are tightening financial conditions and weighing on investment. In a research note titled ‘US Daily: Countdown to Recession’ distributed on Monday, Goldman increased the probability of a downturn in the country’s economy in the next 12 months to 45%, up from 35%
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