Goldman Sachs raises its recession odds as Trump sounds more hawkish on tariffs ...Middle East

Quartz - Economy
Goldman Sachs raises its recession odds as Trump sounds more hawkish on tariffs
source : Quartz ( Middle East ) () 78

President Donald Trump has sounded more hawkish on trade in recent days after previously downplaying his plans for new tariffs set to be announced this week, according to a new report. It comes as Goldman Sachs (GS) economists have increased their forecasted odds of a recession over the next 12 months, from 20% up to…

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