Goldman Sachs – US Economic Outlook, 2025

Goldman Sachs 2025 US Economic Outlook highlights modest policy shifts without significant deviation from the expected economic trajectory. This report, published by Goldman Sachs Research, forecasts U.S. GDP growth at 2.5% in 2025, exceeding earlier projections. Key insights include continued rate cuts by the Federal Reserve through early 2025, with a gradual slowing toward the end of the cycle. The probability of a recession over the next 12 months remains low at 15%, underpinned by stable monetary and fiscal policies. The outlook emphasizes that new government initiatives will align closely with prior frameworks, ensuring continuity in economic direction​.