CEO of Goldman Sachs David Solomon spoke with Reuters in an interview Wednesday in Davos:
- expects the U.S. economy to avoid a big slowdown in 2024
- warned that inflation could remain more stubborn than expected, negatively impact economic growth
- “I still think there’s a risk, particularly around labor, food, gas, that inflation could be stickier than people expect.”
The Federal Open Market Committee (FOMC) outlook from his analysts:
This article was written by Eamonn Sheridan at www.forexlive.com. Source