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Goldman Sachs' chief economist forecasts strong US economic outlook
source link: https://nextbigwhat.com/goldman-sachs-chief-economist-forecasts-strong-us-economic-outlook/
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Goldman Sachs’ chief economist forecasts strong US economic outlook
- Jan Hatzius of Goldman Sachs estimates an 85% chance the US will avoid a recession in the next year, citing resilient economic growth.
- Inflation has decreased to 3.2% in February, with predictions of the Fed cutting interest rates up to five times in 2024 to support growth.
- Despite potential geopolitical tensions, Hatzius remains optimistic, noting advancements in AI and healthcare as growth drivers.
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