While a separate report from US Department of Commercewednesday, that trade deficit It shrank 4.3% to $67.4 billion in August, its lowest level since May 2021.
A research note for the bank showed that it expects growth Gross domestic product in United State By 1.9 percent in the three months ending last September, compared to previous estimates of a growth of 0.9 percent.
pointed US Bank To the increase in private sector jobs in September, and the decline trade deficit The US in August came higher than previous expectations.
Goldman explained that the objective of the series of sharp increases in interest rates for the Fed fed More recently, it lies in tackling decades-old high inflation, indicating that markets are concerned that Fed action to cool rising prices could push the economy into deflation.
In a separate research note, "Goldman Sachs" There is a 35% chance that the US economy will enter a state of recession over the next twelve months.
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ADP data revealed that private sector It added 208,000 jobs last month, up 12.4 percent from the August reading.
While a separate report from US Department of Commercewednesday, that trade deficit It shrank 4.3% to $67.4 billion in August, its lowest level since May 2021.
A research note for the bank showed that it expects growth Gross domestic product in United State By 1.9 percent in the three months ending last September, compared to previous estimates of a growth of 0.9 percent.
pointed US Bank To the increase in private sector jobs in September, and the decline trade deficit The US in August came higher than previous expectations.
Goldman explained that the objective of the series of sharp increases in interest rates for the Fed fed More recently, it lies in tackling decades-old high inflation, indicating that markets are concerned that Fed action to cool rising prices could push the economy into deflation.
In a separate research note, Goldman Sachs stated that there is a 35% chance of the US economy entering a state of recession over the next twelve months.