When Donald Trump was sworn in as the 47th president of the United States, Goldman Sachs Chief Economist Jan Hatzius said the U.S.economy was in the sweet spot of healthy growth and gradual disinflation.
Marc Rubinstein is a former hedge fund manager. He is author of the weekly finance newsletter Net Interest.
The U.S. economy is in a “sweet spot” and the market is possibly too pessimistic on the pace of Federal Reserve interest rate cuts. That’s according to Jan Hatzius, chief economist at Goldman Sachs, who in a new note published Monday,
This year’s sharp decline in funding spread suggests that institutional investors’ positioning in equities is shifting as markets rethink the Federal Reserve’s interest-rate path, according to strategists at Goldman Sachs Group Inc.
Goldman Sachs now forecasts the Federal Reserve will cut interest rates twice in 2025, compared to its earlier estimate of three cuts, citing persistent inflation and a robust labor market. The anticipated cuts
The Wall Street bank now sees the euro falling below parity to 0.97 against the dollar in six months — a level last breached in 2022 after Russia’s invasion of Ukraine triggered an energy crisis in Europe and ignited fears of a slowdown. That compares with the previous forecast of 1.05.
Tariffs are a wild-card for inflation this year, but it is too soon to say what any changes will mean for the Federal Reserve, said central-bank newcomer Beth Hammack. In an interview, the Cleveland F
Goldman Sachs CEO David Solomon cautioned Tuesday that mounting U.S. government debt requires immediate attention, pointing to a recent surge in Treasury yields as a signal of market concerns over federal borrowing.
As Donald Trump returns to the White House, Goldman Sachs is looking forward to the "improving regulatory backdrop."
Goldman Sachs posted its best profit since the third quarter of 2021, driven by bankers who brought in more fees from dealmaking, debt sales and strength in trading, sending its shares up 3% before the bell.
Risk assets trade weak as investment banks pare back Fed rate cuts in the wake of Friday's hotter-than-expected U.S. jobs report.
The U.S. economy is in a “sweet spot” and the market is possibly too pessimistic on the pace of Federal Reserve interest rate cuts.