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Benzinga
Benzinga
Business
Vishaal Sanjay

Goldman Sachs Says August CPI Inflation Is Heating Up: Tariffs, Travel, Used Cars Behind The Surge

United States Inflation Goldman Sachs GS Peter Schiff US Federal Reserve
Santa,Ana,,Ca,,Usa,-,May,9,,2022:,Goldman,Sachs

Analysts at Goldman Sachs Group Inc. (NYSE:GS) expect August's Consumer Price Index inflation report, which is set to be released on Thursday, to show a notable acceleration, driven by rising costs in categories ranging from travel and energy to sectors impacted by new tariffs.

Inflation To Come In Ahead of Estimates

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