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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...
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,…
