2025-05-27
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,…
[...]2025-03-31
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 [...]
2025-02-02
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 [...]
2025-04-01
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 [...]
2025-04-29
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 [...]
2025-04-14
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 [...]
2025-03-29
President Donald Trump’s tariff announcement scheduled for April 2 is set to give the market a negative surprise, according to a Goldman Sachs (GS) economist. Read more... [...]