US Tariffs Rate Return To FDR-Era Levels, But Goldman Says Economy Far Stronger Than In 1930s

US Tariffs Rate Return To FDR-Era Levels, But Goldman Says Economy Far Stronger Than In 1930s

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US Tariffs Rate Return To FDR-Era Levels, But Goldman Says Economy Far Stronger Than In 1930s - Nemos News Network

The last time the U.S. faced an average tariff rate this high was in March 1933, during the first inauguration of President Franklin D. Roosevelt. At the time, the country was in the depths of the Great Depression, and the Dust Bowl was devastating agricultural lands. Fast forward 80 years, and Goldman analysts don’t see history repeating itself (yet)—despite Democrats hoping for “Great Depression 2.0.” As the analysts told clients: Around abou…

Goldman Sachs Forecasts 3 Interest Rate Cuts From Fed in 2025

Ever wonder what the smart money on Wall Street is thinking about the future of our economy? Well, here's a headline that's got my attention: Goldman Sachs forecasts three rate cuts from the Federal Reserve in 2025. That's right, one of the biggest names in finance is predicting that the folks in charge of keeping our economy on track will be lowering interest rates not once, not twice, but three times next year. This move, if it happens, would …