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Goldman Sachs baseline forecast is that the Fed, ECB, BoE will hold rates until late 2024

Goldman Sachs note on their economic outlook:Global Views: A Pothole, Not a Ditch We expect a pothole for US GDP growth in Q4—even if a government shutdown is ultimately averted—given factors including the student loan payment restart, the autoworker strike, higher oil prices, and tighter financial conditions. The weakness should prove short-lived, however, and our US view remains constructive, with only a 15% probability of recession over the next 12 months. While the EM early hikers are now mo... Read More

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Posted: Oct 3 2023, 00:17

Author Name: forexlive

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