Goldman Sees ‘Significant Deceleration’ for U.S. Growth in 2022

Goldman Sees ‘Significant Deceleration’ for U.S. Growth in 2022

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Business

University

Hard

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The transcript discusses economic forecasts by Goldman Sachs, highlighting a slower recovery in the service sector and a significant deceleration in growth as we approach 2022. The Federal Reserve's gradual policy changes, including tapering and potential rate hikes, are analyzed. Inflation is expected to be transitory, with a sharp deceleration anticipated. Long-term economic spending is spread over a decade, reducing its immediate impact. Key factors like office occupancy and fiscal support are examined, with a focus on their influence on growth and inflation trends.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the office occupancy rate in the United States compare to pre-pandemic levels?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the criteria mentioned for the Federal Reserve to consider rate hikes?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Jan Hatzius believe about the duration of the stagflation surprise regime?

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