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Goldman Sachs raises US recession likelihood to 25%, expects Fed to cut interest rates.
Goldman Sachs economists increased the US recession likelihood to 25% within the next 12 months from 15%, while maintaining the risk as limited.
The US economy appears stable, but the Federal Reserve is prepared to cut interest rates rapidly if needed.
Goldman Sachs predicts a 25 basis point interest rate cut in September, November, and December, with the possibility of a larger cut if the jobs report remains sluggish.
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Goldman Sachs aumenta la probabilidad de recesión estadounidense al 25%, espera que la Fed reduzca las tasas de interés.