GS MACRO FORECAST CHANGES
May 26, 2011 at 08:43 AM EDT
As suspected Q2 forecasts being revised down most everywhere, and now 2012 estimates being trimmed as well GS MACRO FORECAST CHANGES: -> 2011 US GDP now 2.6% from 3.1%. 2012 now 3.2% from 3.8%. -> We have lowered Global GDP forecast to 4.3% from 4.8%, modestly raised our inflation forecasts & extended monetary tightening cycle in several [...]
