Goldman Sachs has raised the possibility of a US recession to 45% citing worries over President Trump’s tariff plans and their impact on the global economy. This move comes as other big players in the financial sector like JP Morgan are also revising their recession risk forecasts. As a result, Goldman Sachs is now expecting the Federal Reserve to start decreasing interest rates from June onwards. The concerns stem from the uncertainty surrounding the trade war between the US and China, which has been causing instability in the markets. This development could have significant implications not only for the American economy but also for global markets. Experts are closely monitoring the situation and advising investors to stay informed about the potential risks associated with these economic changes. With the heightened probability of a recession, financial institutions are bracing themselves for a challenging period ahead. The impact of these decisions and actions could reverberate across various sectors, affecting businesses and consumers alike. Stay updated with the latest developments to make informed decisions in this rapidly changing economic landscape.