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Goldman Sachs Cuts US Recession Odds to 15% Amid AI Resilience

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Goldman Sachs Chief Economist Jan Hatzius highlighted US economic resilience, lowering 12-month recession risk to 15%.
  • Hatzius noted that AI investment sustains growth despite elevated energy costs, while expanding oil supply outside high-risk chokepoints could help stabilize or reduce crude prices.
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