Goldman Sachs: US economy is in 'pretty decent shape'

In an interview with Bloomberg TV, Jan Hatzius, chief economist at Goldman Sachs, commented on the US economic outlook in wake of Trump’s presidency.

Key Headlines:

Expects strong USD, mainly based on interest rate differentials

Not  a big surprise that the US left the TPP

Expects higher trade barriers

US economy is in 'pretty decent shape'

The US economy is basically at full employment

Easier fiscal policy to have an effect from the end of 2017

NZ government to increase minimum wage to $15.75

The minimum wage will rise by 50 cents to $15.75 an hour on 1 April, the New Zealand government announced today. Workplace Relations and Safety Minis
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EUR/USD retreats from the 6-1/2 week high

The EUR/USD has backed-off from the 6-1/2 week high of 1.0773, although the losses remain muted as Trump’s policies are making investors nervousness.
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