Global economy to grow 2.8% in 2027 as energy prices ease: Goldman Sachs
New Delhi, Nov. 14 -- The global economy is expected to grow by 2.8 per cent in 2027, slightly higher than the projected 2.7 per cent growth in 2026, as easing energy prices and continued investment in artificial intelligence (AI) support economic activity, according to Goldman Sachs Research.
In its "Global Economic Outlook 2027" research note, Goldman Sachs said lower energy prices and strong AI-related investments are expected to offset the impact of tighter financial conditions and reduced support from government spending.
Jan Hatzius, Chief Economist and Head of Goldman Sachs Research, said, "We expect another year of solid but unremarkable GDP growth in 2027, but several of the impulses that shaped global growth in 2026 will look ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.