Despite Jerome Powell's decision to halt rate cuts, Goldman Sachs remains optimistic about a "soft landing" due to the robust job market.

Quick Summary:

The soft landing is still on because spikes in inflation were a blip and the job market isn’t seeing many layoffs, Goldman’s chief economist says.

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Article Details

Author / Journalist: Paolo Confino

Category: EconomyBusiness

Markets: United StatesCanada

Topics: Inflation Jerome powell Goldman Sachs Federal Reserve

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-17 @ 20:45:41 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 25 words

Reading Time: 1 minutes read

Sentences: 40 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 20716839

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 30 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #95

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