Goldman Sachs, Barclays, JPM Walk Back US Recession Forecasts After 90-Day US-China Tariff Truce — Fewer Fed Cuts Expected In 2025

Major brokerages person gone backmost connected their U.S. recession forecasts aft a 90-day tariff intermission betwixt U.S. and China.
What Happened: Goldman Sachs reduced its U.S. recession likelihood from 45% to 35%, and Barclays ruled retired a recession completely. J.P. Morgan present predicts the likelihood at…

This communicative appeared connected benzinga.com, 2025-05-14 10:34:43.