Trump attacks Goldman Sachs CEO over tariff inflation prediction
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Goldman Sachs CEO David Solomon faced criticism from President Trump for the bank's prediction that tariffs would increase inflation. Trump suggested Solomon focus on his DJ career instead. Goldman defended its study, citing similar findings from UBS and JPMorgan Chase, which also predict tariff-driven inflation. While economists' predictions aren't always accurate, Goldman maintains its assessment that tariffs will significantly impact consumer prices.
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