Trump on radio this morning: “We have no inflation. Prices are down on everything. Prices are way down on energy.”; U.S. economy at “stall speed” – Goldman Sachs

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It’s a stall-speed US economy in need of a few interest rate cuts to reignite growth.

“I think we are close to stall speed. Where exactly we are relative to stall speed, it’s hard to know,” Goldman Sachs chief economist Jan Hatzius told me at the firm’s annual Communacopia + Technology conference on Monday.

Hatzius thinks growth will be “relatively slow” before beginning to improve in 2026 following the Federal Reserve’s interest rate cuts.

https://finance.yahoo.com/news/goldman-sachs-chief-economist-us-economy-is-in-stall-speed-174203126.html?dm_i=7NTX,H5H8,6HEI61,2T8QI,1