More from Goldman Sachs GDP forecasts for this year (big GDP, low inflation)

Author: Eamonn Sheridan | Category: News

I posted on economic growth forecasts from the bank last week, updating again here with a snippet on what the bank is looking for y/y ahead.

  • 2021 GDP forecast to 8% 
GS citing the enormous fiscal stimulus coming out of Washington. 

On the Fed's twin mandates, Goldman Sachs projections:

Unemployment rate 4% at end-2021
  • 3.5% in 2022
  • 3.2% in 2023
Inflation
  • 2.1% core PCE inflation in 2023
----
The low inflation expectations are pretty much consensus across analysts. Upside surprises in the number could set bond yields on renewed fire. 

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose