December 7, 2022

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Goldman Sachs lowers US Q3 GDP forecast to 8.5% from 9.5% previously

1 min read

Some risks seeping into the US economy?

On the change, Goldman says that it sees lower 2H 2021 consumption growth on virus risks. If you’re looking at the glass as half-empty, that’s a fair assessment given that another fresh wave of infections is starting to brew in the US.

The key question though is, will the Fed view it the same way later this week?

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