Goldman Sachs has revised the likelihood of a US recession to 45% following President Trump’s tariff proposals, which have raised concerns about global economic disruptions. JP Morgan and other prominent investment banks have also heightened their predictions for a recession. As a result, Goldman Sachs foresees the Federal Reserve taking action by reducing interest rates starting in June.
Goldman Sachs Raises US Recession Probability to 45% Over Tariff Concerns; Expected Rate Cut in June
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