Goldman Sachs raises U.S. recession risk to 35% amid trade tensions and weak confidence ...Middle East

The firm lowered its 2025 GDP growth forecast to 1% and now expects three interest rate cuts this year—in July, September, and November.

Other major institutions share similar concerns, with JPMorgan assigning a 40% recession probability and Moody's Analytics' Mark Zandi warning of a two-in-five chance, pointing to soft consumer spending and persistently high inflation.

This article was written by Greg Michalowski at www.forexlive.com.

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