The U.S. labor market probably held up fairly well in March despite the federal government’s layoffs and increased pessimism about the economy amid President Donald Trump’s rollout of his tariff plans.
Category: ronnie walker
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Goldman Sachs raises its recession odds as Trump sounds more hawkish on tariffs
President Donald Trump has sounded more hawkish on trade in recent days after previously downplaying his plans for new tariffs set to be announced this week, according to a new report. It comes as Goldman Sachs (GS) economists have increased their forecasted odds of a recession over the next 12 months, from 20% up to…