Goldman Sachs, a leading investment bank, has raised the probability of a US recession to 45%, citing concerns over President Trump’s proposed tariffs and their impact on the global economy. Other major financial institutions, such as JP Morgan, have also increased their predictions for the risk of a recession. As a result, Goldman Sachs is now forecasting that the Federal Reserve will start reducing interest rates as early as June. This shift in economic outlook comes amidst growing uncertainty and volatility in the financial markets. The escalating trade tensions between the US and China have been a major cause for concern among investors and economists. The potential effects of these tariffs on businesses and consumers have raised fears of an economic downturn. With the increasing likelihood of a recession, investors are closely monitoring the actions of central banks and policymakers for any signs of intervention to mitigate the impact. The global economy is facing a challenging period ahead, as trade disputes and geopolitical tensions continue to weigh on market sentiment. Stay updated with the latest economic developments to make informed decisions in these uncertain times.