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Business & Economics

Goldman Sachs sees Trump tariffs spiking inflation, stunting growth and raising recession risks

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Summary
Nutrition label

80% Informative

Goldman Sachs expects aggressive duties from the White House to raise inflation and unemployment.

The firm raised its forecast for inflation this year to 3.5% , cut its GDP outlook to just 1% and raised its unemployment view to 4.5% .

The investment bank now expects that tariff rates will jump 15 percentage points, its previous "risk-case" scenario.

VR Score

85

Informative language

88

Neutral language

18

Article tone

formal

Language

English

Language complexity

42

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

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