Goldman Sachs' Chief Economist Predicts Slow Growth for US Economy

September 8, 2025 - 23:33

Goldman Sachs' chief economist, Jan Hatzius, has made a notable assessment regarding the state of the US economy, describing it as operating at "stall speed." According to Hatzius, the economy is expected to experience relatively slow growth in the near term, a situation that is largely influenced by the Federal Reserve's recent interest rate cuts.

Hatzius anticipates that this sluggish growth phase will persist until around 2026, when a more robust economic recovery is expected to take hold. The chief economist's outlook reflects concerns about the current economic landscape, which is characterized by various challenges including inflationary pressures and geopolitical uncertainties.

As the Federal Reserve navigates its monetary policy, the implications of these interest rate adjustments will be closely monitored, as they play a crucial role in shaping economic activity. Investors and policymakers alike will be looking for signs of improvement in the coming years, as the economy transitions from its current state towards a more favorable growth trajectory.