“Goldman Sachs Lowers U.S. Recession Risk to 20% Amid Positive Economic Signs”

^{Goldman slashes US recession risk amid positive data}

Goldman Sachs has reduced its U.S. recession risk forecast from 25% to 20% following positive economic data, including strong retail sales and lower jobless claims. The upcoming jobs report on September 6 could further lower the recession risk to 15%, a level maintained for nearly a year before an increase on August 2. This optimism also suggests that the Federal Reserve might cut interest rates by 25 basis points in September, though a disappointing jobs report could lead to a larger cut. The revision signals confidence in the U.S. economy’s resilience despite global uncertainties.

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