US Economists Adjust Growth and Inflation Forecasts Amid Tariff Instability

In a significant shift in economic outlook, a host of economists have drastically reduced their forecasts for economic growth in the United States while simultaneously increasing their inflation predictions. This change comes in the wake of recent tariffs imposed on several key imports, which are anticipated to have a pronounced impact on the American economy in the upcoming quarters.

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Goldman Sachs Predicts Additional Federal Reserve Rate Cuts as Tariffs Impact U.S. Growth

Goldman Sachs has issued a report indicating that the Federal Reserve is likely to implement more interest rate cuts this year, attributing this forecast primarily to the adverse effects of tariffs on the United States economy. As economic indicators reflect slower growth rates, the financial giant is adjusting its expectations regarding monetary policy.

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