Goldman Sachs' chief economist says 'The Great Disinflation' is underway
Goldman’s Jan Hatzius put the odds of a recession at just 15% when much of Wall Street worried about a downturn. Now, he’s taking an inflation victory lap.
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Goldman’s Jan Hatzius put the odds of a recession at just 15% when much of Wall Street worried about a downturn. Now, he’s taking an inflation victory lap.
ASX futures push 1 per cent higher after Jerome Powell’s comments; The Australian dollar climbs and US Treasury yields tumble.
U.S. stocks were muted and gold slid on Wednesday, as investors bided their time ahead of crucial inflation data and the U.S. Federal Reserve's monetary policy meeting. The three major...
Oil prices were slightly higher as investors balanced concerns over OPEC+ production cuts against worries of softening demand in the coming year.
Shares of Alphabet jumped 5.3% as analysts cheered the launch of the Google-parent's newest AI model, while AMD soared nearly 10% after the company estimated the potential market for its data center AI chips could reach $45 billion this year.