Goldman Sachs expects a huge decline in the US economy

The bank hopes that the Fingal will bring their levels of interest again in December.

19. November 2018 at 18:59 TASR

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New Guide. Goldman Sachs expects the US economy to hauled significantly in the second half of 2019, as the US Army Reserve (Fèidh) raising levels of interest and weakening the advanced tax cuts.

"The most economist of Goldman Sachs, Jan Hatzius, said that the slowest growth over the next 3.5 per cent would increase to around 1.75 per cent in the end of 2019.

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"We expect the main causes of the fall to consolidate financial position and weaken the impact of fiscal inspiration.

The bank will measure in & # 39; final quarter of this year with an increase of 2.5% after the increase in Domestic Results (GDP) of 3.5% in the third quarter. In fact, GDP should increase 2.5% in the first three months of the next year, and then in the following seasons, the level of growth should gradually decrease to 2.2% in the second quarter and 1.8% and 1.6% respectively in the Fourth and 4th Fourth.

Goldman Sachs expects the debts to re-interest rates in December and then four times a year.

The inflation should reach 2.25% at the end of next year due to tariffs and salary growth. The bank said that its price increase could be even higher.

However, the Bank is not counted in the future due to the decline in the economy.

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"So far, there is no worry at risk of overcoming the economy or financial imbalance, these are the traditional causes of the decline in the United States," said Hatzius.

He also said, including her & # 39; The next year, this is the greatest time of US economic growth, and that the decline is not a fundamental situation. bank in the coming years.

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