Goldman says that despite popular belief, gold won't help your portfolio stave off inflation — and neither will bitcoin or other commodities.

Hatzius, chief economist of Goldman Sachs, said U.S. inflation will continue to fall even if trade tariffs are imposed as the U.S. economy is in a "sweet spot."

Andrew Tilton, chief Asia-Pacific economist at Goldman Sachs, says the Bank of Japan is in an "opportune place" to take its policy rate higher, barring any external shocks.

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But underlying price measure eased.

Goldman Sachs forecasts the Bank of England will slash interest rates six times by mid-2026, citing weakened growth and easing inflation, with fresh rate cuts potentially arriving as early as February.

Goldman Sachs ( GS 6.02%), and Citigroup ( C 6.49%) were all higher by 5% or more for the day. There are two main reasons why these bank stocks are soaring. First, bank stocks kicked off fourth-quarter 2024's earnings season on Wednesday,

The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman Sachs.

A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, but traders and investors warn that markets are likely to remain anxious about the pace of inflation.

The cost of living rose more in December than the month before, as rising energy costs hurt household budgets and stoked inflation. However, "core" prices were cooler, providing some hope for lower inflation in the coming months.

Better bank earnings and inflation readings sent bond and stock prices higher. Earnings and politics will likely have the most significant impact on markets this week.

The biggest reason for the likely persistence of higher borrowing costs is the surprising resilience of the economy following the upheavals of the pandemic, trillions of dollars of government financial support from Trump and former President Joe Biden, an inflation spike, and several rounds of recession fears.

US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.