Jan Hatzius

Goldman Sachs has downgraded its 2025 U.S. economic growth forecast, warning that trade policies are becoming "considerably more adverse" and that the administration is managing expectations for near-term weakness driven by tariffs. In a note shared Tuesday, Goldman's chief economist Jan Hatzius...

Wall Street analysts are increasing their expectations for further interest rate cuts following the Federal Open Market Committee’s decision to slash rates by a substantial 50 basis points on Wednesday. Even Fed Chair Jerome Powell‘s cautious remarks, which initially rattled the...

Goldman Sachs has revised its U.S. recession forecast, reducing the probability of a recession within the next 12 months to 20%. This revision comes just two weeks after the investment bank increased the odds from 15% to 25% following a weaker-than-expected July jobs report. In a note authored by...

Typically, the last mile is often the most challenging when striving for significant rewards. However, for the U.S. economy grappling with inflation, the most challenging phase might already be behind us. The rosy picture comes from Goldman Sachs’ Macro Outlook 2024, led by a team of...

Goldman Sachs (NYSE: GS) has revised its estimate about the U.S. economy's chance of entering a recession over the next 12 months. The investment bank has reduced its judging probability from 35% to 25%, stating two major reasons for this change. Jan Hatzius, Goldman Sachs' chief...

U.S. Treasury bills, also considered the world's safest asset, are having a deeply negative trading session on Tuesday, May 2, as the yield on the three-month T-Bill skyrocketed 18 basis points to 5.23% amid growing concerns that the U.S. government will run ...

Goldman Sachs Group Inc (NYSE: GS) doesn't expect the Federal Reserve to lower rates anytime soon due to expectations for a healthier economy than most anticipate.  "We're not looking for cuts because we're not looking for a recession," Goldman Sachs chief...

Tech companies have recently been announcing massive and unprecedented waves of layoffs — sometimes by the tens of thousands. Here's the latest: Since Elon Musk took the helm at Twitter, about half the company’s workforce was laid off. Twitter founder Jack Dorsey took part of...

The U.S. Federal Reserve raised its target Fed funds rate by 0.5% in May, its first interest rate hike of that size in more than 20 years. With this week's Federal Open Market Committee meeting just around the quarter, the bond market is now anticipating the Fed will ramp up its tightening even...

Goldman Sachs Group Inc. (NYSE: GS) strategists have lowered their S&P 500 forecast for this year.  They have cut their year-end target for the S&P 500 benchmark index to 4,900 points, down from 5,100 points previously.  According to Goldman, the 4,900 target implies full-year...

Goldman Sachs Group Inc’s (NYSE: GS) economists led by Jan Hatzius have predicted that the Federal Reserve will raise interest rates by 25 basis points five times this year, rather than the four rate hikes previously prognosticated. That would take the benchmark to 1.25%-1.5% by the end...

In a report released on Sunday, economists at Goldman Sachs Group Inc (NYSE: GS) say they expect a slower pace of growth for the U.S. economy due to a slower than anticipated recovery in consumer spending. What Happened: The report issued by a Goldman team, led by Jan Hatzius, says the...

The S&P 500 showed very little reaction on Monday to Janet Yellen’s policy speech last week at Jackson Hole. A number of Wall Street firms have weighed in on the speech and what it means for investors. Here’s a look at what seven analysts had to say. Related Link: Here's How...

In December, the Federal Reserve finally began its first interest rate tightening cycle since the Great Recession. With the timing of the next rate hike now a hot topic of debate among traders, Goldman Sachs analyst Jan Hatzius took a look back at past tightening cycles and how often they resulted...