Goldman Sachs slashes U.S. economic Outlook

Goldman Sachs slashes U.S. economic outlook as Donald Trump’s new tariffs send shockwaves through global markets
Goldman Sachs has cut its 2025 US economic growth projection to 1.7% due to increased tariffs imposed by President Trump. With tariffs set to double, consumer prices are likely to rise, reducing purchasing power.
Goldman Sachs slashes US economic forecasts as tariff impacts grow 'considerably more adverse'
Goldman Sachs is the latest economic forecasting team to downgrade its outlook as Trump's tariffs are expected to weigh on growth and boost inflation.
Goldman, other U.S. economic forecasts more dire as tariff impacts becoming a reality
Josh Schafer of Yahoo Finance recently reported that Goldman Sachs is among the financial firms worried about the U.S. economy amid President Trump’s
Goldman Sachs’ chief economist just downgraded the entire U.S. economy as Trump’s latest tariff salvo rattles markets
The storied investment bank has forecast GDP growth to come in below Wall Street’s consensus for the first time in 2½ years.
Goldman Sachs Cuts Forecast for U.S. Economy. Trump’s Tariffs Are to Blame.
The outlook for the U.S. economy this year isn’t so rosy anymore. Goldman Sachs Chief Economist Jan Hatzius cut his 2025 U.S. GDP growth forecast to 1.7%, pointing to the impact of tariffs on the economy and consumers.
Trump’s tariffs spark economic uncertainty and business concerns
Makers of goods from sportswear to luxury cars and chemicals painted a gloomy picture on Wednesday of consumer and industrial health, adding to concerns about the damage from US President Donald Trump’s trade wars and hitting share prices again.
CEOs warn of economic risks from Trump’s sweeping tariffs
JPMorgan’s Jamie Dimon and BlackRock’s Larry Fink discuss President Trump’s tariffs, warning of short-term economic risks.
Goldman Sachs CEO: Business community ‘understands’ what Trump is trying to do with tariffs
Goldman Sachs CEO David Solomon said that the business community “understands” what President Trump is trying to do with levies on various goods, even though they want “lower tariffs everywhere.” Solomon also said during an interview with Fox Business’s Maria Bartiromo that Trump is more “engaged” with the business community than his White House predecessor,
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Inflation rate rose by 2.8% in February, CPI report shows. Here's what that means for price relief.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than ...
Goldman Sachs cuts S&P 500 target to 6,200 amid rising market volatility
Goldman Sachs lowers its S&P 500 target to 6,200, citing policy risks and economic concerns. The index lost $4 trillion in ...
Will there be a recession in 2025? It's up to Trump, economists say.
President Trump's expanding trade war is boosting the chances of a recession. Layoffs are rising and consumer confidence and spending are sliding.
Trump close to naming Bowman as Fed's top bank cop, signaling shift in regulatory stance: reports
Michelle Bowman would likely take oversight of the nation’s largest banks in a new direction as the Trump administration ...