Goldman Sachs Cuts U.S. Recession Risk to 15% From 25% on U.S.-Iran Deal
Updated
Updated · ZAWYA · Jun 22
Goldman Sachs Cuts U.S. Recession Risk to 15% From 25% on U.S.-Iran Deal
2 articles · Updated · ZAWYA · Jun 22
Summary
15% is Goldman Sachs' new 12-month probability for a U.S. recession, down 10 percentage points from its previous 25% estimate.
The bank tied the lower risk outlook to an agreement between the United States and Iran, indicating reduced near-term economic threat from that front.
The revision signals a more optimistic macro view from a major Wall Street firm, with the U.S.-Iran agreement now feeding directly into recession forecasts.