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Recession odds are rising as Trump’s trade war escalates, Goldman Sachs says - CNN

The US economy faces a growing risk of a recession as surging tariffs threaten to stunt growth, reignite inflation and lift unemployment, according to Goldman Sachs.

By:Matt Egan
Source:CNN
Published:
Recession odds are rising as Trump’s trade war escalates, Goldman Sachs says - CNN
Summary
  • Goldman Sachs now sees a 35% chance of recession within 12 months due to President Donald Trump's escalating trade war.
  • The bank increased its inflation estimate and slashed … [+4129 chars]

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