From Financial Modeling Prep: 2025-03-31 07:04:00

Goldman Sachs lowers U.S. and Europe growth outlooks due to Trump’s tariffs, raising U.S. recession probability to 35% and cutting GDP growth forecast to 1.5%. Predicts reciprocal tariffs to raise U.S. average tariff rate by 15pp.

Forecasts Federal Reserve to cut rates in July, September, and November. Europe faces higher recession risk compared to U.S., with possible technical recession in 2025. Investors can track key metrics with Economic Indicators API to gauge market movements amidst escalating trade tensions.



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