GS241220P545000
- 0.01
- -1.63-99.39%
Goldman Sachs Newsroom
Musk causes a commotion at Capitol Hill, is a "Trump 2.0" prototype emerging?
Analysis suggests that Musk's recent act of detonating a political nuclear bomb may be a rehearsal for the Trump 2.0 era of Musk's action model, intended to exert pressure on Congress. However, some also say that the consensus at Mar-a-Lago is that Musk has proven to be an effective Weapon to pressure Congress and a scapegoat for any backlash.
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The Federal Reserve official Hammack, who cast the only dissenting vote, emphasized concerns about inflation, stating that MMF policy is not far from neutral.
Cleveland Federal Reserve Bank President Beth Hammack explained why she voted against the interest rate decision at this week's meeting, stating that interest rates should remain stable until more progress is made in reducing inflation. Hammack noted that she believes rates are close to a neutral level that neither hampers nor stimulates the economy, and she suggested that rates should be maintained at a high enough level to moderately restrict economic activity for "some time." In a statement released on Friday, Hammack wrote, "Based on my estimates, monetary policy is not far from the neutral position, and I prefer to keep the policy unchanged until we see further evidence that the inflation rate is."
Ontario Teachers' Makes Investment in Omega Healthcare and Joins Private Equity at Goldman Sachs Alternatives as Co-Lead Investor
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Trump's tariff plan is unpopular! More than half of the USA population opposes imposing taxes on commodities from Mexico.
Standard & Poor's stated that the tariffs in the USA will raise inflation rates and reduce economic output, while some individuals and businesses are stockpiling goods in anticipation of tariff concerns, leading to a significant increase in throughput at the Port of Los Angeles and Long Beach in November.
Shares of Financial Companies Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points.
Dow's 535-Point Fall Led By Losses For Shares Of Goldman Sachs, Amazon.Com Inc.
Consumer Finance Watchdog Cracks Down on Credit Card Sneaky Fees and False Promises
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Express News | Goldman Sachs predicts that the short drama market in China is expected to reach 91 billion yuan by 2027.
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