Goldman cuts forecast for U.S. economic growth in 2021 and 2022

StreetInsider2021-10-11

(Reuters) - Goldman Sachs cut its U.S. economic growth target to 5.6% for 2021 and to 4% for 2022 citing an expected decline in fiscal support through the end of next year and a more delayed recovery ...

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  • wmwwmw
    2021-10-11
    wmwwmw
    Ok
  • robot1234
    2021-10-11
    robot1234
    US economic recovery largely hinges on massive debt through printing of money. Trump printed $6.7 trillion. Biden is planning $6 trillion. However, such massive QE and near zero interest rates are, by nature, inflationary. US monthly CPI since July has hit multi-year highs. This will definitely affect her robust economic recovery
    • PearlynCSY
      Last month, US inflation at record high 6.2%, highest since 1990
  • Kevin92
    2021-10-11
    Kevin92
     Like and comment
  • leolow84
    2021-10-11
    leolow84
    Like
  • andrew123
    2021-10-11
    andrew123
    Iike
  • Ermmmmmm
    2021-10-11
    Ermmmmmm
    Up and down is normal 
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