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Benzinga
Benzinga
Business
AJ Fabino

Goldman Sachs Boss Predicts Recession, Warns Risk-Based Businesses: 'Time To Be Cautious'

Goldman Sachs Group Inc. (NYSE:GS) CEO David Solomon is the latest high-profile executive to issue a dour economic forecast.

Most experts agree that the Federal Reserve's battle against inflation — rising prices as a result of geopolitical events such as the war in Ukraine — and other challenges will likely push the U.S. into a recession.

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