Goldman Sachs slashes U.S. GDP forecast, warns of economic ripple effects from banking rout
warned on Wednesday of economic ripple effects in the aftermath of the Silicon Valley Bank (SIVB) and Signature Bank (SBNY) busts. The investment bank's chief economist Jan Hatzius slashed his 2023 GDP forecast by 0.3% in a new note out Wednesday afternoon. Hatzius is now looking for full-year GDP…
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