Goldman Sachs has raised its probability of a US recession to 35% compared to its previous estimate of 20%. "We continue to believe the risk from US President Donald Trump's tariffs is greater than many market participants previously assumed," Goldman said. There's a 40% chance of a US recession this year, JPMorgan's chief economist Bruce Kasman said earlier this month.
short by
Pragya Swastik /
02:22 pm on
31 Mar