Digital currencies to shadow robust US economy in 2018


NEW YORK: Financial imbalances including those in credit markets and cryptocurrencies will shadow an otherwise robust 2018 US economy, said Goldman Sachs Group Inc economist Jan Hatzius.

Hatzius has already made some predictions for the new year: four Federal Reserve rate hikes, real US gross-domestic product growth quickening to an average of 2.6%, the jobless rate dropping to about 3.5%, and the yield curve not inverting.

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Business , Goldman Sach , Cryptocurrencies

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