Goldman Sachs raises its forecast for U.S. Q2 GDP growth to 2.4%, ruling out the possibility of a near-term recession
2025-05-06 04:33:03
Most US banks have quietly raised their economic forecasts. Last night, Goldman Sachs was the first to report that the US second-quarter GDP growth forecast was sharply raised from -0.3% to 2.4%, which would make it higher than the average GDP growth rate since 2022. Goldman Sachs has effectively ruled out a near-term recession, and other banks are expected to follow suit and adjust their forecasts. (Jin Ten)
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