The CEO of Goldman Sachs is worried about a recession
CNN
The CEO of one of America's largest banks is worried inflation will remain problematic for a while longer — and he thinks there's a growing chance of a recession.
Goldman Sachs CEO David Solomon said in an interview with CNN's Poppy Harlow Wednesday that people need to "prepare for an environment ... of higher inflation," adding that "there's a good chance that we haven't quite reached the peak yet."
What's more, he said, he believes inflation is "definitely not transitory."
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