NEW: Trump says tariffs with "all countries" will commence this week — and "let’s see what happens,” per Bloomberg
Goldman Sachs economists raise to 35% the forecasted odds of a recession in the next 12 months. That’s up from 20% due to the broad, aggressive use of tariffs by the…
Goldman Sachs economists raise to 35% the forecasted odds of a recession in the next 12 months. That’s up from 20% due to the broad, aggressive use of tariffs by the…
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I have a spare $5. Where can I send it to help make an impeachment happen?
Prices go up, job opportunities go down.
Are we winning yet?
Goldman Sachs expects Trump tariffs to raise inflation and unemployment — and halt economic growth.
The investment bank also raised its forecast for inflation this year to 3.5%, cut its GDP outlook to just 1%, and raised its unemployment view to 4.5%.
In a note…
https://www.cnbc.com/amp/2025/03/30/tariffs-to-spike-inflation-stunt-growth-and-raise-recession-risks-goldman-says-.html