Goldman Sachs Withdraws US Recession Forecast After Trump's Tariff Suspension Announcement
JH Kim
Summary
- Goldman Sachs reported that it withdrew its recession probability forecast after President Trump's tariff suspension announcement.
- Goldman Sachs originally stated that the probability of the US falling into a recession within 12 months was raised from 35% to 45%.
- It was reported that President Trump's actions changed the outlook for the US economy.
Walter Bloomberg reported on the 9th (local time) via X(formerly Twitter) that Goldman Sachs withdrew its previous US recession probability forecast following US President Donald Trump's announcement of a tariff suspension.
Previously, on the 7th, Goldman Sachs had raised the probability of the US falling into a recession within 12 months from 35% to 45%.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
