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Goldman Sachs: u.s. Economy Weakens by War on Iran · Global Voices
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The U.S. banking and investment group Goldman Sachs warned that the U.S. economy is going through a weakening phase, aggravated by the war against Iran, because the rise in crude oil pressures inflation, slows growth and complicates the work of the Federal Reserve. According to the firm’s economists, Manuel Abecasis and David Mericle, this scenario forces the country’s macroeconomic forecasts to be revised downwards.
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