U.S. Recession Is Still ‘Highly Unlikely,’ GSAM’s Wilson Says

The video discusses the global economic outlook, highlighting a slowdown in GDP due to trade tariffs, particularly affecting the US and China. Despite this, a recession is deemed unlikely, with the US economy showing resilience through strong consumer spending and low unemployment. Investment decisions are expected to stabilize with clearer economic conditions. Growth forecasts predict a slight slowdown, and the Federal Reserve is likely to continue easing rates, remaining data-dependent on global economic trends.

What are the growth forecasts for the next year as stated in the text?

What is the expected action of the Fed regarding interest rates?