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Trump is about to test whether the Fed learned its inflation lesson

Goldman Sachs predicts that aggressive tariffs from President Donald Trump will raise inflation and unemployment, leading to low economic growth.
Goldman Sachs now forecasts a 35% chance of recession in the next 12 months, an increase from 20% in the prior outlook.
Trump has urged his advisers to consider higher tariffs of up to 20% on many U.S. Trading partners.

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The Rio Times

Lean Right

U.S. Economy Faces Slowdown as Goldman Sachs Warns of Growing Recession Threat

Goldman Sachs has raised the probability of a U.S. recession within the next 12 months to 35%, up from its previous estimate of 20%. The investment bank attributes this sharp increase to escalating trade tensions, weakening consumer and business confidence, and signs that policymakers may tolerate short-term economic strain to achieve broader goals. President Donald […]

2 days ago·Brazil

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CNN

+6 Reposted by 6 other sources

Lean Left

Trump is about to test whether the Fed learned its inflation lesson

In 2021, as the US economy recovered from the pandemic, consumer prices began to creep higher. Federal Reserve officials said then that rising inflation would only be “transitory.”

2 days ago·Atlanta, United States

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Financial Post

Lean Right

Canada's slumping growth hints at recession starting in second quarter, economists say

Statistics Canada's GDP estimate for February is flat, a sign of things to come as Trump's trade war continues to dent confidence. Read on

2 days ago·Canada

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Benzinga

Center

Goldman Sachs Raises US Recession Risk To 35%, Expects Inflation At 3.5% In 2025 Amid Tariff Uncertainties: Economist Mohamed El-Erian Highlights 'Stagflationary Twist' - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR Dow Jones Industrial Average ETF (ARC

Allianz Chief Economic Advisor Mohamed El-Erian highlighted a significant shift in Goldman Sachs' outlook for the U.S. economy.

2 days ago·New York, United States

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CNBC

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Stockxpo - A professional network of traders, investors and analysts

Center

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

A broad, negative impact will be felt in the economy when the new trade moves are enacted, the Goldman economic team believes.

2 days ago·United States

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Conservative Firing Line

Far Right

We Are Being Told The Odds Of A Recession Are Rising As Economic Conditions Deteriorate All Around Us ⋆ Conservative Firing Line

The following article, We Are Being Told The Odds Of A Recession Are Rising As Economic Conditions Deteriorate All Around Us, was first published on Conservative Firing Line. Is the U.S. economy headed for a recession? Nobody can deny that consumer confidence is plummeting, home sales are way down, mass layoffs are being conducted all over the nation, thousands of stores are closing, and a global trade war has erupted. Meanwhile, the Atlanta F…

2 days ago

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