Goldman Sachs Group (GSG) slashed its U.S. GDP forecast and warned of an economic hit from recent bank failures. The investment bank raised its estimate of the odds of an American recession on March 15, to 35 percent over the next 12 months due to increased concern over the economic impact of stress in the…
Goldman Sachs Cuts GDP Forecast, Warns of Economic Hit From Bank Rout
March 16, 2023
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