Category: Economy & Markets
CPI preview: Goldman Sachs flags hotter August inflation on tariffs, travel, and autos
Goldman Sachs expects August CPI to come in hotter than Wall Street’s consensus, citing used cars, airfare, car insurance, and tariff-affected goods. The bank sees core CPI up 0.36% month-over-month and headline CPI up 0.37%, with tariffs adding about 0.14 percentage points to core. Despite near-term pressure, Goldman still expects inflation to cool into year-end as housing and labor costs ease.