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Goldman Sachs CEO Solomon says sticky inflation is likely to remain a tough problem

Goldman Sachs Chief Executive Officer David Solomon spoke in a CNBC interview on Monday. “Inflation is a little bit stickier, and I do think, in the distribution of outcomes, there’s a reasonable chance that rates go higher,” “If they do that, it’s probably going to make the economic environment a little more challenging.” doesn’t expect the Federal Open Market Committee (FOMC) to raise interest rates at their meeting this week said he’s been surprised by how resilient the economy has been even... Read More

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Goldman

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Solomon

Says

Sticky

Inflation

Likely

Remain

Problem

Forex

Posted: Jun 12 2023, 21:58

Author Name: forexlive

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