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Forex news -forex broker review => Forex => Topic started by: forex4you on May 16, 2022, 05:54 am

Title: Weekend - Goldman Sachs cut their US economic growth forecasts
Post by: forex4you on May 16, 2022, 05:54 am
Weekend - Goldman Sachs cut their US economic growth forecasts

Goldman Sachs economists      now expect the economy to grow 2.4% in 2022 (from 2.6% previously forecast     & 1.6% in 2023 (from 2.2% previously)   Also revised their jobless rate forecasts:      3.4% for 2022     and to a high of 3.7% in 2023         Remarks from the reports:      slowdown in growth should help lower job openings, it is also likely to raise the unemployment rate a bit, particularly since the job openings rate typically only falls when unemployment spikes in recessions     optimistic that a sharp rise in the unemployment rate can be avoided  For the S&P500 GS (chief equity strategist) targets 4300.          eur

Source: Weekend - Goldman Sachs cut their US economic growth forecasts (https://www.forexlive.com/news/weekend-goldman-sachs-cut-their-us-economic-growth-forecasts-20220516/)

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