Goldman Sachs forecast 2024: growth, inflation and interest rates in focus

Goldman Sachs forecast 2024: growth, inflation and interest rates in focus

According to a report by www.boerse-online.de,
The new report from Goldman Sachs is optimistic about global economic growth in 2024. The analysts predict an improved development of the global economy and see various positive factors for this.

According to the latest report from Goldman Sachs, the forecast for global economic growth in 2024 is very positive. Experts expect GDP to rise by 2.6 percent, well above the Bloomberg consensus average of 2.1 percent. This could have a positive impact on the S&P 500 as Goldman Sachs expects US growth to outpace developed markets. It could therefore be worthwhile for investors to take a look at the S&P 500, as the forecasts for the coming months and the coming year point to positive developments.

The issue of inflation is also addressed in the report. Goldman Sachs believes inflation could ease by the end of 2024 and will be in line with the inflation targets of most developed market central banks. This could have implications for central banks' interest rate policies, with Goldman Sachs suggesting rate cuts would only be likely in the second half of 2024 if economic growth falls below expectations.

When it comes to the risk of a recession, Goldman Sachs gives the all-clear and sees only a limited recession risk for 2024. Instead, they expect several supporting factors for global growth.

Based on these Goldman Sachs forecasts, investors could look forward to positive developments in 2024, particularly in terms of economic growth and inflation. The forecasts mentioned could have a positive impact on the market and the financial industry, giving investors the opportunity to adjust their investment strategies accordingly.