Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts

Q: How long will it take to read this news story?

The story "Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts" has 545 words across 16 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts" was covered 1 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 323 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27475072</li><li>URL: https://chronographically.beamstart.com/news/goldman-raises-odds-of-us-17434212471833</li></ul>

Business Standard Logo Business Standard 1d ago

Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts - Business Standard

Quick Summary:

The brokerage also lowered the world's largest economy's GDP growth forecast for 2025 to 1.5 per cent from 2.

The brokerage estimates the Fed to consecutively cut interest rates in July, September and November, compared with its previous forecast of two cuts in June and December.

The brokerage said it now expects the ECB to deliver an additional cut in July, along with its previous forecast of a rate cut each in April and June.Chicken burger on EMIs?