Heightened uncertainty over US economic outlook: Goldman Sachs raises recession risk and inflation forecasts
Goldman Sachs 'recent revision of the US economic outlook has attracted widespread market attention. It raised the risk of a US recession from 20 per cent to 35 per cent, while raising its forecast for personal consumption expenditure (PCE) inflation to 3.5 per cent in 2025, a change that highlights the market's uncertainty and pessimism about future economic conditions.
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