The IMF is likely to cut global growth projections this week amid what has been deemed a "synchronized slowdown."
Calling a global recession is much more difficult than determining if a single market or economy is in one.
But the tweets have a “significant” impact on what markets think about Fed policy, the firm said.
The S&P CoreLogic Case-Shiller index of property values in 20 cities decelerated for a 15th month in June.
Goldman Sachs is not convinced that global inflation has remained muted.
The central bank is placing great weight on bond-market pricing in its decisions, the firm said.
Central bankers argue that political leaders need to do more to help shore up the global economy.
A rate reductions is considered virtually guaranteed, but views differ on the size of the cuts.
Employment and income trends give a boost to Trump's chances, Goldman analysts said.
Some analysts are predicting that growth will resume, and possibly accelerate, as 2019 proceeds.
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