On May 6, most American banks have quietly raised their economic forecasts. Last night, Goldman Sachs was the first to release a report, significantly raising its forecast for the U.S. second-quarter GDP growth from -0.3% to 2.4%, which will place it above the average GDP growth rate since 2022. Goldman Sachs has effectively ruled out the possibility of a recent recession, and it is expected that other banks will follow suit and adjust their forecasts. (Jin10)
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Goldman Sachs has raised its forecast for the U.S. Q2 GDP growth rate to 2.4%, excluding the possibility of a recent recession.
On May 6, most American banks have quietly raised their economic forecasts. Last night, Goldman Sachs was the first to release a report, significantly raising its forecast for the U.S. second-quarter GDP growth from -0.3% to 2.4%, which will place it above the average GDP growth rate since 2022. Goldman Sachs has effectively ruled out the possibility of a recent recession, and it is expected that other banks will follow suit and adjust their forecasts. (Jin10)