Goldman Sachs analysts see more ‘inflation relief’ coming this year, at least ‘beyond the next couple of prints’

Goldman Sachs Group analysts see potential for some more inflation cooling this summer.

“Our forecasts open up the possibility that the market may begin to focus more on the prospects of some inflation relief as we move into the second half of the year,” Goldman analysts Dominic Wilson and Kamakshya Trivedi said in an economics research note Monday. They said their current U.S. forecast is “looking for sub-3% sequential core inflation” through the second half of 2023, “beyond the next couple of prints.”

The…