Goldman Sachs predicts largest U.S. GDP growth in 70 years

Experts of the American bank Goldman Sachs predict the growth of US GDP this year by 8%. According to the Axios information portal, the bank has notified its clients about this.

“We have raised our forecast for US GDP following an analysis of the latest fiscal policy news, and now we expect 8% growth in 2021 and 4% unemployment by the end of 2021, the lowest agreed forecasts, with a further decrease to 3.5% in 2022 and to 3.2% in 2023 “, – Axios quotes the bank’s notification.

Given this forecast, Goldman Sachs experts expect inflation in the US in 2023 at 2.1%.

Axios noted that this forecast is very optimistic and almost doubles the expectations of most American financial analysts, who are inclined to leave the US GDP growth rate at 4.7% this year. The portal indicates that the implementation of the bank’s forecasts – the last time such GDP growth was recorded in the United States in 1951 – will mean a full economic recovery of the country from the consequences of the pandemic, which led to a 4.1% economic recession in 2020, and an increase in GDP to $ 22 , 6 trillion