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goldman sachs raises recession odds to 35 amid tariff concerns and inflation

Goldman Sachs has raised the probability of a U.S. recession to 35%, citing deteriorating consumer and business confidence, and the economic impact of higher tariffs. The bank anticipates three interest rate cuts this year, despite inflation concerns, as it shifts focus to labor market issues and growth stagnation. Meanwhile, Moody's Mark Zandi has increased recession odds to 40%, suggesting a potential "recession by design" due to current policies.
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United States Dollar Bridgewater Bancshares, Inc. VANECK MOODY'S ANALYTICS BBB CO The Goldman Sachs Group, Inc. USA Scott Bessent Ray Dalio Mark Zandi Kush Desai Show more
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14:54 31.03.2025
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