The likelihood of a US recession in the coming year has declined amid signs of a still-solid job market, according to Goldman Sachs Research. Our economists say there’s a 15% chance of recession in the next 12 months, down from their earlier projection of 20%. That’s in line with the unconditional long-term average probability of 15%, writes Jan Hatzius, head of Goldman Sachs Research and the firm’s chief…

    The German economy is going through a challenging period. GDP growth has fallen behind the rest of Europe and the US in recent years amid high energy prices and weakness in China, a vital trading partner. But there are signs that some headwinds facing Germany industry may begin to abate. These were among the topics on the minds of corporate leaders and investors gathered for the 13th…

    Goldman Sachs Research forecasts another solid year of global economic growth in 2025. Our economists project the US will outperform expectations while the euro area lags behind amid fresh tariffs that are anticipated from the Trump administration. Worldwide GDP is forecast to expand 2.7% next year on an annual average basis, just above the consensus forecast of economists surveyed by Bloomberg and matching the estimated growth in…