Hatzius, chief economist of Goldman Sachs, said U.S. inflation will continue to fall even if trade tariffs are imposed as the U.S. economy is in a "sweet spot."
Goldman Sachs forecasts the Bank of England will slash interest rates six times by mid-2026, citing weakened growth and easing inflation, with fresh rate cuts potentially arriving as early as February.
Goldman says that despite popular belief, gold won't help your portfolio stave off inflation — and neither will bitcoin or other commodities.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.
Learn how Donald Trump's policies may impact U.S. consumer prices and inflation, and why TIPS could be a good investment choice in this environment.
Goldman’s forecast is for just 0.9 per cent UK GDP growth this year, which is a lot lower than consensus (1.3 per cent), the BoE (1.5 per cent) and the OBR (2 per cent). This is no time to keep policy restrictive, the team says:
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman Sachs.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious about the pace of inflation.
Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.
The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower inflation in the coming months.
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
The Bank of Mexico could increase the size of cuts to its benchmark interest rate in future meetings as inflation eases in Latin America's second-largest economy, minutes from the central bank's December monetary policy meeting showed on Thursday.