Goldman Sachs pegs recession risk at 35%

By Zach Halaschak

Published May 19, 2022 4:44pm ET

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Goldman Sachs pegs recession risk at 35% — Specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. There are fears from some that a recession might be on the horizon given the Fed's hiking of interest rates. | (Richard Drew/AP)

Goldman Sachs predicts that there is about a 35% chance the economy will fall into a recession during the next two years.

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Tag:

Financial Markets Goldman Sachs Inflation JPMorgan Recession