Goldman Sachs, JP Morgan Revise Economic Outlook Following 90-Day Tariff Truce

25.05.15

Major financial institutions including Goldman Sachs, JP Morgan, and Barclays have reduced their U.S. recession forecasts following a 90-day tariff truce between the U.S. and China. Goldman Sachs lowered its recession probability from 45% to 35% and increased its 2025 U.S. GDP growth forecast to 1%. The banks have also…

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