The brokerage also lowered the world's largest economy's GDP growth forecast for 2025 to 1.5% from 2.0% and projected three interest rate cuts each from the U.S. Fed and the European Central Bank ...

Goldman Sachs raised the probability of a U.S. recession to 35% from 20% and said it ... 2025 to 1.5% from 2.0% and projected three interest rate cuts each from the U.S. Fed and the European ...