DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Goldman Sachs - 2 Hatzius - 2 ” Hatzius - 2 ” - 2 New York CNN — Jan Hatzius - 1 that’s - 1 you’ll - 1 ” Satyen - 1
Top related locs:
New York United States
Top related orgs:
New - 2 New York CNN - 2 CNN - 1 Treasury Department - 1 IRS - 1 Hatzius - 1 International Monetary Fund - 1 Federal Reserve - 1

Search resuls for: "” Hatzius"


4 mentions found


☆ He predicted the ’08 crash. Now he’s betting AI will turbocharge the US economy
  + stars: | 2024-03-19 | by ( Matt Egan | ) edition.cnn.com   time to read: +4 min
AI chatbots can help workers brainstorm ideas, do research, write reports, build presentations, learn about new topics and identify patterns in vast troves of data. AI will ‘destroy’ some jobs, boost othersThere is also the very real risk that AI will replace some workers. AI might be able to help slow the rate of decay in the labor force,” Sangani said. “These workers will be supplemented, not replaced, by AI,” Sangani said, though he added there are also places where AI will replace workers. IMF warns AI could deepen inequalityEven if AI accelerates economic growth, there is no guarantee that everyone will benefit.
Persons: New York CNN — Jan Hatzius, Goldman Sachs, Hatzius, ” Hatzius, that’s, you’ll, ”, ” Satyen, ” Sangani, Jeremy Grantham Organizations: New, New York CNN, CNN, Treasury Department, IRS, Hatzius, International Monetary Fund Locations: New York, United States
☆ Goldman Sachs cuts US recession odds to 15% as economic optimism grows
  + stars: | 2023-09-05 | by ( Matt Egan | ) edition.cnn.com   time to read: +3 min
New York CNN —Goldman Sachs is increasingly confident that the US economy will stick the soft landing that many thought was nearly impossible to pull off. In a research report published Monday night, Goldman Sachs lowered its estimated chance of a US recession over the next 12 months to just 15%. Goldman Sachs pointed to “solid” job growth and rising real (inflation-adjusted) wages that should allow real disposable income to “reaccelerate” next year. The August jobs report, released late last week, showed that hiring remains solid, though it has slowed from the blockbuster pace of earlier in the post-pandemic recovery. “The August jobs report couldn’t be much better,” Moody’s Analytics chief economist Mark Zandi wrote Friday on X, formerly known as Twitter.
Persons: New York CNN — Goldman Sachs, Goldman Sachs, That’s, It’s, ”, “, Jan Hatzius, ” Hatzius, Hatzius, reaccelerate ”, Mark Zandi Organizations: New, New York CNN, Federal Reserve, Wall Street, Bloomberg, Atlanta Locations: New York
☆ Exclusive: Goldman Sachs: Even a near-default on US debt could spark a recession and market mayhem
  + stars: | 2023-01-25 | by ( Matt Egan | ) edition.cnn.com   time to read: +4 min
Asked if a default or even a near default could cause a recession, Hatzius said yes. Still, Goldman Sachs is expecting a deal on the debt ceiling will be reached, eventually. “These solutions are often found at the very last moment.”Why Goldman Sachs says a recession isn’t comingAssuming the United States gets through the debt ceiling episode, Goldman Sachs is optimistic about the prospects for the US economy. Goldman Sachs expects the red-hot labor market will continue to cool down, but only gradually. The Goldman Sachs economist said his forecast is for the US economic expansion to continue through the 2024 presidential election, though that’s not a slam-dunk.
☆ A recession in the US is not a slam dunk, Goldman Sachs says
  + stars: | 2022-11-07 | by ( Matt Egan | ) edition.cnn.com   time to read: +2 min
New York CNN —While investors, business leaders and some economic models continue to warn a recession is imminent, Wall Street’s most powerful investment bank remains cautiously optimistic. Goldman Sachs told clients on Monday it still sees a 35% chance of a US recession in the next 12 months. “We still see a very plausible non-recessionary four-step path from the high-inflation economy of the present to a low-inflation economy of the future,” Goldman Sachs chief economist Jan Hatzius wrote in a report. In other words, a recession is not a slam dunk. Goldman Sachs concedes that there has been “much less progress” on the price side.
0 next >>
Total: 4