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- Goldman Sachs raises odds of a US recession in the next 12 months by 10% to 35%
Goldman Sachs raises odds of a US recession in the next 12 months by 10% to 35%
Economists at Goldman Sachs raised their probability of the US economy entering a recession in the next 12 months by 10 percentage points from 25% to 35%, the latest client note showed.
The US banking giant’s recession forecast reflects increased near-term uncertainty around the economic effects of the small bank stress.
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