International Economic

Goldman cuts US recession odds after US-China trade deal

By Michele Maatouk

Date: Tuesday 13 May 2025

(Sharecast News) - Following the US-China tariff deal announced on Monday, Goldman Sachs has lifted its S&P 500 return and earnings forecasts to incorporate lower tariff rates, better economic growth, and less recession risk than it previously expected.
"The Trump administration announced a 90-day pause in the retaliatory tariffs imposed in...

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