Goldman's Blankfein expects US economy to grow 3%

Economic growth in the United States will see a slight recovery to 3 percent this year, compared with 2.4 percent last year, the top official of a leading US brokerage said on Wednesday.

Though the deleveraging in the US consumption and financial sector after the economic crisis took longer than expected, the lower unemployment rate suggests that the worst might have passed, said Lloyd Blankfein, chairman and CEO of Goldman Sachs, at an event in Tsinghua University.

"I am optimistic about the future economy," he said, adding that there would be some complaints about the government's policies during the upcoming presidential elections.