The bank expects economic growth of 6.6% in 2021, compared with a previous forecast of 6.4%, according to a report published on Saturday. Big Number$750 billion to $1.1 trillion. Larger boosts to disposable income and government spending imply stronger growth later in the year, the banks analysts wrote. It also raised forecasts for how much stimulus the new administration will be able to push through in the near-term, to $1.1 trillion from $750 billion. Thats the range analysts from investment giant Goldman Sachs expect the next round of federal stimulus legislation to be worthin other words, at least $800 billion smaller than the plan Biden introduced last week.
The bank expects economic growth of 6.6% in the year after 2020.
( z0 expect :ARG0 ( z1 bank ) :ARG1 ( z2 grow :ARG1 ( z3 economy ) :ARG2 ( z4 percentage-entity :value 6.6 ) :time ( z5 after :op ( z6 date-entity :year 2020 ) ) ) )
(z0 / expect-01
    :ARG0 (z1 / bank)
    :ARG1 (z2 / grow-01
              :ARG1 (z3 / economy)
              :ARG2 (z4 / percentage-entity
                        :value 6.6)
              :time (z5 / after
                        :op1 (z6 / date-entity
                                 :year 2020))))
The bank expects economic growth of 6.6 % in the year after 2020 .
z0 :ARG0 z1
z2 :ARG1 z3
z0 :ARG1 z2
z4 :value 1
z2 :ARG2 z4
z2 :time z5
z5 :op1 z6
z6 :year 0