Goldman Sachs Revises Recession Risk

Raleigh News Today | 2 Min News | The Daily News Now! · Jun 26, 2026 · 2m

Goldman Sachs just flipped the script on recession fears, slashing U.S. recession risk from 25% to 15%—thanks to falling energy prices fueled by a U.S.-Iran deal. Cheaper gas means more real income for Americans, shifting the mood from panic to cautious optimism. They now see Brent crude at $80 by end-2026, though volatility remains. Growth is still modest—2% GDP, 1.5% consumer spending—with cooling labor markets. The real wildcard? The Fed. Even with lower recession odds, a hawkish stance could keep rates high, making the next big test whether falling oil prices can cool inflation enough to…