The U.S. economy will be battling a continued slowdown in 2022 as it contends with sticky inflation and supply chain bottlenecks, reasons Goldman Sachs (GS) chief economist Jan Hatzius.
“I would say growth is clearly slowing. Obviously we are past the peak [growth] rate, but it’s a relatively graduate slowdown,” said Hatzius on Yahoo Finance Live.
Hatzius and his team made headlines earlier this month for cutting their 2021 GDP growth estimate to 5.6% from 5.7%. The group also issued a…
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