Goldman Sachs raises recession odds to 30% amid inflation concerns
after close1 source ↓written by the desknot a recommendation
- due to higher
- 30%
- per barrel
- $105
- by December 2026
- 3.1%
Goldman Sachs has increased its recession probability to 30% due to higher inflation and a reduced GDP growth outlook. The bank now forecasts Brent crude to average $105 per barrel in March, impacting inflation expectations with a revised PCE inflation forecast of 3.1% by December 2026. Traders should monitor oil price movements closely as they influence economic stability.
Not investment advice. For informational purposes only.