Odaily Planet Daily News: Most US banks have quietly raised their economic forecasts. Last night, Goldman Sachs took the lead in releasing a report, significantly revising its forecast for US GDP growth in Q2 from -0.3% to 2.4%, which would put it above the average GDP growth rate since 2022.
Goldman Sachs has effectively ruled out the possibility of a near-term recession and expects other banks to follow suit and adjust their forecasts accordingly. (Jin10)

Odaily Planet Daily News: Most U.S. banks have quietly raised their economic forecasts. Last night, Goldman Sachs took the lead by releasing a report that significantly upgraded its U.S. Q2 GDP growth forecast from -0.3% to 2.4%, which would place it above the average GDP growth rate since 2022.
Goldman Sachs has effectively ruled out the possibility of a near-term recession and expects other banks to follow suit and adjust their forecasts accordingly. (Jin10)

Goldman Sachs raises the forecast for US Q2 GDP growth to 2.4%, ruling out the possibility of a recent recession