Your Money Minute Growing Chance Of Recession 4/11/25
Apr 11, 2025
Rising recession fears are making headlines as major financial institutions analyze the economic landscape. Household and business confidence is on the decline, raising eyebrows in the financial community. The government's strategies to tackle these challenges are also evolving, prompting discussions on potential impacts and future forecasts. Tune in for insights that could shape your financial planning in uncertain times!
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Rising Recession Odds
- Economic forecasters now estimate a higher chance of a U.S. recession, with Goldman Sachs raising odds from 20% to 35%.
- Deutsche Bank and Double Line suggest even higher probabilities, up to 43% and over 50%.
Factors Driving Recession Fears
- The recession fears stem from lower growth expectations and worsening business and household confidence.
- White House officials appear willing to accept short-term economic weakness to pursue their policies.
Unprecedented White House Stance
- For the first time, a U.S. administration implicitly accepts the possibility of recession as collateral for pursuing major policies.
- This stance has never been seen before in Jessica Ettinger's years covering economic policy.