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Goldman Sachs on 3 developments that will slow US growth to a crawl in Q4 2023, just 1.3%

Goldman Sachs with a very subdued outlook for US economic growth into the end of the year, this in summary:Three developments are set to temporarily slow growth:resumption of student loan paymentsthe federal government looks more likely than not to temporarily shut downUAW strikeTaken together, we expect quarterly annualized GDP growth to slow from +3.1% in Q3 to +1.3% in Q4 (vs. consensus of +2.9% and +0.6%)We expect the slowdown to be shallow and short-lived, with GDP growth rebounding to +1.9... Read More

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Content Topics

Goldman

Sachs

Developments

That

Will

Slow

Growth

Crawl

2023

Forex

Posted: Sep 13 2023, 00:52

Author Name: forexlive

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