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.
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.
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,
Powersports Business18h
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.
Goldman Sachs Slashes 2025 US Growth Forecast As Tariff Risks Become 'Considerably More Adverse'
Goldman Sachs has downgraded its 2025 U.S. economic growth forecast, warning that trade policies are becoming "considerably more adverse" and that the administration is managing expectations for ...
Goldman Sachs Slashes U.S. Growth Forecast as Trump's Trade Policies Raise Risks
Goldman sees higher tariffs and trade risks under Trump's policies, leading to a downgrade in U.S. economic growth ...
Dow plunges more than 1,000 points, Nasdaq craters as recession fears batter stocks
Stocks tanked on Monday as investors fret over signs the U.S. economy is slowing and the potential impact of tariffs.
Goldman Sachs cuts U.S. GDP view to 1.7% for 2025 as it weighs Trump trade policy
Goldman Sachs on Monday downgraded its 2025 projection for U.S. economic growth to 1.7% from 2.4%, citing its outlook on the ...
Tariff Ticker: Trump Won’t Rule Out Recession, Canada’s New Leader Holds Steady on US Duties
President Trump acknowledged that the U.S. economy will see "a period of transition" due to the administration's trade ...