Goldman Sachs CEO sees risk of higher global inflation, slower growth

Tajammul Pangarkar
Tajammul Pangarkar

Updated · Oct 26, 2021

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October 26, 2021

RIYADH (Reuters) – Goldman Sachs Chief Executive David Solomon said on Tuesday there is a risk of higher inflation and slower growth globally.

There will be consequences for having accommodative monetary policy for a long time, Solomon said at the Future Investment Initiative conference in Saudi Arabia’s capital, Riyadh.

(Reporting by Saeed Azhar and Davide Barbuscia; Editing by Kirsten Donovan)

Source Link Goldman Sachs CEO sees risk of higher global inflation, slower growth

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Tajammul Pangarkar

Tajammul Pangarkar

Tajammul Pangarkar is a CMO at Prudour Pvt Ltd. Tajammul longstanding experience in the fields of mobile technology and industry research is often reflected in his insightful body of work. His interest lies in understanding tech trends, dissecting mobile applications, and raising general awareness of technical know-how. He frequently contributes to numerous industry-specific magazines and forums. When he’s not ruminating about various happenings in the tech world, he can usually be found indulging in his next favorite interest - table tennis.