Goldman Sachs: The revision of the Federal Reserve's economic forecast has a bit of a 'stagflation' flavor

BlockBeats News: On March 20th, Whitney Watson, Global Co Head of Goldman Sachs Asset Management, stated that as expected, the Federal Reserve adopted a cautious tone at this month's meeting, remaining unchanged while waiting for clarity on economic growth prospects and trade policy changes. The revision of forecasts by members of the Federal Open Market Committee feels a bit 'stagflation', as forecasts for growth and inflation are in opposite directions. At present, the Federal Reserve is in a wait-and-see state as it observes whether the recent slowdown in economic growth will develop into more serious problems. (Golden Ten)