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ICYMI - Goldman Sachs no longer expects a eurozone recession in 2023

ICYMI - Goldman Sachs no longer expects a eurozone recession in 2023

A note from Goldman Sachs has cancelled their earlier forecast of a EZ recession this year. GS had been looking for a tiny, -0.1%, contraction in GDP in the region. But ...

  • "We maintain our view that Euro area growth will be weak over the winter months given the energy crisis but no longer look for a technical recession"

GS' inflation outlook

  • 3.25% at year end 2023 (vs. their 4.50% forecast earlier)
  • Core inflation to 3.3%
  • GS citing lower pric... Read More
Posted: Jan 12 2023, 02:42
Author Name: forexlive
Views: 111647

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