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Goldman Sachs cuts U.S. GDP forecast after banking crisis

by Crypto Editor
March 15, 2023
in Crypto
Reading Time: 1 min read

(Reuters) – Goldman Sachs on Wednesday lowered its forecast for fourth-quarter U.S. gross domestic product (GDP) growth, citing risks to the lending environment as smaller banks pull back on loans to preserve liquidity in the face of a banking crisis.

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