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Goldman Sachs CEO Solomon sees ‘above-trend’ inflation possibly for ‘some time’

Goldman Sachs CEO Solomon sees 'above-trend' inflation possibly for 'some time'

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Goldman Sachs Group Inc. GS, -8.41% CEO David Solomon told analysts on Tuesday the bank expects inflationary pressure to increase in 2022. Inflation is persisting in many countries and major central banks are beginning to raise rates including the Bank of England last year, while the U.S. Federal Reserve is expected to boost rates four times in 2022.

...read full article on Market Watch

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