Tariffs may fuel inflation — but not for long, Goldman Sachs says
Economists at Goldman Sachs (GS) say the new round of U.S. tariffs will give inflation a temporary bump later this year — but expect the effects to fade in 2026. In a note released Monday and credited to its chief U.S. economist David Mericle, the bank projected that core PCE inflation will rise to 3.6% by year-end,…Read more... [...]
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Goldman Sachs raises its recession odds as Trump sounds more hawkish on tariffs
President Donald Trump has sounded more hawkish on trade in recent days after previously downplaying his plans for new tariffs set to be announced this week, according to a new report. It comes as Gol [...]
Trump’s tariffs on Mexico, Canada and China could drive up prices of cars, electronics, fuel, food and more
On Saturday evening, Trump signed executive orders to impose tariffs on Mexico, Canada and China under the International Emergency Economic Powers Act (IEEPA), with a White House fact sheet claiming t [...]
Trump's unpopularity abroad may dent U.S. growth, Goldman Sachs economists say
President Donald Trump’s trade war and other policies unpopular abroad are deterring inbound tourism and triggering boycotts that will make a measurable if modest dent in U.S. economic growth, accor [...]
Goldman Sachs CEO David Solomon on the stock market chaos: 'Things will settle down'
Amid market swings and trade war chaos, at least one top executive sees a light at the end of the tunnel. Goldman Sachs (GS) CEO David Solomon said Tuesday that “things will settle down” after all [...]
Goldman Sachs earnings jump. But CEO David Solomon has a warning
Goldman Sachs (GS) opened the floodgates on first-quarter earnings Monday, reporting a 15% jump in profit to $4.74 billion, or $14.12 per share. Strong trading revenues fueled the beat, and shares cli [...]
