HSBC ups U.S. GDP forecasts for 2021 and 2022 on stimulus prospects

Capt. John

HSBC Holdings LLC, Europe’s biggest bank, on Wednesday said it raised its forecast for U.S. gross domestic product to 5.0% in 2021, from 3.5% previously, and its growth call for next year to 3.0% from 2.5%. HSBC Global Research said in a note that the upgrade was due to higher consumer spending,...

https://www.hellenicshippingnews.com/hsbc-ups-u-s-gdp-forecasts-for-2021-and-2022-on-stimulus-prospects/

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