Goldman Sachs Raises U.S. Recession Probability to 25% Amid Recent Unemployment Data; Forecasts Federal Reserve Rate Cuts

Goldman Sachs has raised its estimate of the likelihood of a U.S. recession within the next year to 25%, up from the previous 15%. This adjustment is based on recent unemployment data, though the firm still considers the overall risk of a recession to be limited. The firm’s economists, led by Jan Hatzius, view the … Continue reading Goldman Sachs Raises U.S. Recession Probability to 25% Amid Recent Unemployment Data; Forecasts Federal Reserve Rate Cuts