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Goldman Sachs cuts odds of a U.S. recession in the next year

Goldman Sachs cuts odds of a U.S. recession in the next year

Skyline of lower Manhattan and One World Trade Center in New York City and the Water’s Soul sculpture on July 11, 2023, in Jersey City, New Jersey. (Photo by Gary Hershorn/Getty Images)

Gary Hershorn | Corbis News | Getty Images

Goldman Sachs revised down the odds of a U.S. recession happening in the next 12 months, cutting the probability down to 20% from 25% on the back of positive economic activity.

The investment bank’s chief economist, Jan…


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