Goldman Sachs CEO says inflation will stay higher than expected ...Middle East

CEO of Goldman Sachs David Solomon spoke with Reuters in an interview Wednesday in Davos:expects the U.S. economy to avoid a big slowdown in 2024warned that inflation could remain more stubborn than expected, negatively impact economic growth"I still think there's a risk, particularly around labor, food, gas, that inflation could be stickier than people expect." The Federal Open Market Committee (FOMC) outlook from his analysts:Goldman Sachs project 25bp Federal Reserve March rate cut, followed by another 4 this year This article was written by Eamonn Sheridan at www.forexlive.com.

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Last updated : 18 January 2024 clock 04:09 AM

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Goldman Sachs CEO says inflation will stay higher than expected ...Middle East

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