Goldman Sachs slashes US economic forecasts

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.
After Goldman Sachs downgrade, S&P Global forecasts US economic slowdown till 2027
After Goldman Sachs downgraded US growth forecasts and J.P. Morgan’s chief economist Bruce Kasman raised recession risks to 40%, S&P Global has now warned of a prolonged slowdown till 2027, citing weaker economic activity and trade disruptions.
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 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 Trump administration's trade policy for the cut. Goldman said its trade policy assumptions have “become considerably more adverse,
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