Archive · 2 Jun 2025

Goldman Sachs Raises Inflation Forecast, Citing Dollar Weakness

Goldman Sachs Raises Inflation Forecast, Citing Dollar Weakness

Goldman Sachs, a big financial company, now thinks prices in the US will go up faster than they thought before.

This is because the US dollar isn't as strong as it used to be, partly due to new rules about tariffs.

These tariffs make things more expensive when they come into the US.

The experts at Goldman Sachs predict that inflation, not counting food and energy, will rise to almost 4% in a few years, then slow down a little.

They also expect prices to go up more quickly in the next few months.

The value of the dollar has dropped since the new rules, unlike what happened before.

This situation impacts the prices people pay for things.

Sources