Goldman Sachs raises 2024 GDP growth forecast to 2.3%

(Reuters) – Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier.

“We expect much stronger GDP growth in 2024 than consensus and see a much lower risk of recession, ” Goldman Sachs said in a note on Sunday.

(Reporting by Priyadarshini Basu in Bengaluru; Editing by Sonia Cheema)