Goldman raises odds of US recession to 35%
By X-blogger - on April 1, 2025
Goldman Sachs raised the probability of a U.S. recession to 35% from 20% and said it expects more rate cuts by the Fed, as Trump’s tariffs roil the global economy and upend financial markets. The brokerage also lowered the world’s largest economy’s GDP growth forecast for 2025 to 1.5% from 2.0%.
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