Tag: Goldman Sachs

Goldman Sachs analysts have claimed that rising oil prices should not have too much of an impact on U.S. consumers or gross domestic product, adding that they are a manageable challenge for the U.S. economy. On Monday, the national average for gasoline was $3.85;...

Goldman Sachs economists have revised their forecasts for the earliest date that the Federal Reserve might be expected to introduce an interest rate cut. While the investment firm's economists previously expected a rate cu in the second quarter of 2024, they have pushed their...

Goldman Sachs strategists have claimed that the Federal Reserve is unlikely to raise interest rates in November and instead appears more likely to do so at their policy meeting next week. "On November, we think that further labor market rebalancing, better news on inflation, and...

Goldman Sachs CEO David Solomon is confident that the incoming wave of initial public offerings (IPOs) will help to fuel a "pickup in the capital markets activity" in the coming fall season. "Obviously an environment with more capital markets activity is a good environment...

Goldman Sachs has warned its clients that oil prices could skyrocket to $107 per barrel next year should Russia and Saudi Arabia continue to implement aggressive output cuts. This comes after the two nations announced that they would extend their production cuts until the...

Goldman Sachs chief economist Jan Hatzius is adamant that U.S. consumers will remain resilient in 2024 regardless of the stressors that they may encounter over the coming year. Hatzius expects incomes to continue growing, boosted by a rise in job creation and rising yields...