Goldman Sachs raises US recession risk to 45% over Trump tariffs, predicts Fed rate cuts in June

Goldman Sachs has revised the likelihood of a US recession to 45% as a result of President Trump's tariff proposals and their impact on the global economy. This adju

Goldman Sachs has revised the likelihood of a US recession to 45% as a result of President Trump's tariff proposals and their impact on the global economy. This adjustment comes in light of similar concerns raised by JP Morgan and other leading investment banks, who have also heightened their recession forecasts. Consequently, Goldman Sachs is now predicting that the Federal Reserve will initiate interest rate reductions starting in June.