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goldman sachs warns of inflation growth risks from trump tariffs

Goldman Sachs anticipates that President Trump's impending tariffs will significantly increase inflation and unemployment while stunting economic growth, raising recession risks to 35%. The firm projects inflation to reach 3.5% by 2025 and expects the Federal Reserve to implement three rate cuts this year. With a potential tariff increase of 15 percentage points, the economic outlook suggests a return to stagflation reminiscent of the late 1970s and early '80s.
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United States Dollar The Goldman Sachs Group, Inc. USA Jan Hatzius Carter Worth Dan Niles Dan Ives Tom Leek Paul Volcker Show more
Finance & Economy, Market Report
03:47 31.03.2025
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