Goldman Sachs raised its forecast for U.S. Q2 GDP growth to 2.4%, ruling out the possibility of a recent recession."
Internet reports that most U.S. banks have quietly raised their economic forecasts. Goldman Sachs took the lead in releasing a report last night, significantly raising its forecast for U.S. GDP growth in the second quarter from-0.3% to 2.4%, which will make it higher than 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 expectations. (Jin Shi)
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