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Goldman Sachs

Macro at a Glance

Finvaulta tracks 9 editions of Macro at a Glance from Goldman Sachs, published between May 21, 2026 and October 7, 2026. Each edition is summarized on its own page.

Latest edition · October 7, 2026

Macro at a Glance Latest views and forecasts(27)

Goldman Sachs leaves its macro forecasts unchanged this week, anticipating 2026 global GDP growth of 2.6% and US growth of 2.3% supported by AI tailwinds. Both the Fed and ECB are projected to conclude rate hikes with single 25bp moves in December to reach terminal rates of 4.00–4.25% and 2.75%, respectively.

In this edition of Macro at a Glance, Goldman Sachs reports no weekly changes to its baseline forecasts. Global GDP growth is projected to slow to 2.6% in 2026 amid energy price headwinds from the Middle East conflict, with core inflation ending at 2.8%. In the US, AI investment momentum supports 2.3% GDP growth on a Q4/Q4 basis and core PCE of 3.0%, with the Fed expected to hike by 25bp in December to 4.00–4.25%. Euro area growth is forecasted at 1.0% with the ECB peaking at 2.75%, while China's export strength underpins 4.5% growth despite sluggish domestic demand.

Read the latest edition in full

Key takeaways from the latest edition

  • 1.Global real GDP growth is projected to slow to 2.6% yoy in 2026, pressured by elevated energy prices linked to the Middle East conflict, with core inflation expected to end the year at 2.8%.
  • 2.US real GDP is expected to expand 2.3% Q4/Q4 in 2026 driven by AI investment, while the Federal Reserve is forecast to execute a final 25bp hike in December to reach a 4.00–4.25% terminal range.
  • 3.Euro area growth will remain subdued at 1.0% in 2026 due to high energy costs and weak consumer confidence, with the ECB expected to deliver a final 25bp hike in December to a 2.75% peak rate.

What this series covers

  • Watching
  • Growth
  • Forecasts

Edition archive

Series at a glance

Editions tracked
9
First edition
May 21, 2026
Latest edition
October 7, 2026
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