Goldman cuts US recession risk to 15%

Goldman Sachs has reduced the likelihood of an economic recession in the United States within the next twelve months to 15%, down from their previous estimate of 20%. This comes after improvements in the labor market and a decline in risks associated with US-Iran tensions, with expectations of roughly 2% GDP growth in the second half of the year, and projections that inflation will decrease to 0.17% in the coming months.

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