Goldman Sachs raises US recession probability to 45% over tariff concerns, predicts interest rate cut in June.
Goldman Sachs has raised the likelihood of a US recession to 45% citing worries over President Trump's tariffs and their impact on the global economy. This move come
Goldman Sachs has raised the likelihood of a US recession to 45% citing worries over President Trump's tariffs and their impact on the global economy. This move comes after other big players like JP Morgan also upped their forecasts for a recession. As a result, Goldman Sachs is now expecting the Federal Reserve to start reducing interest rates as early as June.