The Latest Breaking News from Jan Hatzius

Consumer Spending Declined In July. Goldman Sachs Expects It To Fall Further.

Goldman Sachs' Jan Hatzius said he and his team "expect sluggish consumer spending growth ahead."

International Business Times · Aug 17

Kevin Warsh told Wall Street he’d be sharing less—Goldman Sachs fears a void of Fed facts will only amplify misinformation and instability

“Even without providing explicit forward guidance, central bankers still have an obligation to explain the economic framework behind their decisions. On that score, this press conference fell well short,” chimed professor Jeremy Siegel.

Fortune · Aug 4

Gas prices spiral over $4 as U.S.-Iran war heats up again, amid warning that 'economic gravity' will soon catch up to American families

"In the Wile E. Coyote scenario, economic gravity eventually exerts itself," wrote UBS's Paul Donovan this morning.

Fortune · Jul 20

This is the worst the jobs market has looked (outside of a recession) in 50 years, says Goldman Sachs, meaning bullish GDP estimates are overly optimistic

Jan Hatzius warns America’s job market slump could drag down growth, with front-loaded orders and AI disruption skewing GDP signals.

Fortune · Oct 21, 2025

Sorry Jerome, weakening economic data is 'exactly what markets needed', says Wharton professor

Jerome Powell’s Fed faces labor market weakness as Wall Street bets on rate cuts, with Jeremy Siegel and Goldman Sachs backing easing ahead.

Fortune · Sep 9, 2025

Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs

“We stand by the results of this study,” Goldman economist David Mericle told CNBC’s Squawk on the Street on Wednesday.

Fortune · Aug 13, 2025

'Maybe, he ought to just focus on being a DJ': Trump rips Goldman Sachs CEO

Trump insisted "Trillions of Dollars are being taken in on Tariffs.” Several sources calculate the trillion-dollar mark to be years away.

Fortune · Aug 12, 2025

September Fed Rate Cut? Goldman, JPMorgan Make The Same Call

Economic tremors ripple across financial markets as shifting global dynamics push major banks to alter their interest rate forecasts. J.P. Morgan now expects the Federal Reserve to cut interest rates by 25 basis points at its September meeting, moving up its forecast from December.

Benzinga · Aug 11, 2025

Another Fed Official Backs A Rate Cut—Goldman Sees Trouble Ahead If The Fed Waits

The July Federal Reserve meeting may go down as the most divided in over three decades, as two key board members, Michelle Bowman and Christopher Waller, broke ranks by voting for a rate cut, while Chair Jerome Powell and the majority held rates steady.

Benzinga · Aug 6, 2025

Recession Talk Heats Up After Jobs Data—But Corporate America Says Otherwise

A shockingly soft labor report reignited Wall Street's recession fears, but Corporate America might be telling an entirely different story—one that shows signs of strength not seen in years.

Benzinga · Aug 4, 2025