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Goldman Sachs Raises Odds Of US Recession To 45%

  • Goldman Sachs raised the probability of a U.S. recession to 45%, increasing from 35%, due to the impact of new tariffs.
  • The economists reduced the GDP growth forecast for 2025 to 0.5%, citing tightening financial conditions and foreign consumer boycotts as significant factors.
  • The economists warn that retaliation from trade partners could hurt American exports, creating fewer markets for U.S. Goods.
  • They noted that heightened policy uncertainty and foreign retaliation could significantly affect U.S. Companies, potentially leading to a deeper economic downturn.
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Zawya broke the news in on Monday, April 7, 2025.
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