On May 6, most American banks have quietly raised their economic forecasts. Last night, Goldman Sachs was the first to release a report, significantly raising its US second-quarter GDP growth forecast from -0.3% to 2.4%, which will make it higher than the average GDP growth rate since 2022.
Goldman Sachs has essentially ruled out the possibility of a near-term recession and expects other banks to follow suit and adjust their forecasts. (Jinshi)
