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UK gilt yields are forecast to decline in 2025 despite recent surge UK government bond yields have risen amid investor concern about the government’s fiscal outlook and sticky inflation. Even so, Goldman Sachs Research projects the country’s borrowing costs will decline by the end of the year as the Bank of England cuts its policy rate. “We still think the UK data will justify more cuts than the...
What to expect from AI in 2025: hybrid workers, robotics, expert models More than two years after ChatGPT’s debut, Goldman Sachs Chief Information Officer Marco Argenti says the potential for generative artificial intelligence is coming into focus. The development of increasingly powerful large language models (LLMs), supercharged by advances in robotics will, in Argenti’s view, begin to bring sweeping changes to everything from employment to regulation of the...
When will the German economy bounce back? Germany’s economy, which has lagged behind its peers in recent years, faces a series of headwinds in 2025, including trade uncertainty with the US, still-high energy prices, and growing competition from China. Elections in February will provide an opportunity to tackle the country’s challenges. Europe’s largest economy is forecast to expand 0.3% in 2025, which is slower than the estimate for...