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Goldman Sachs' chief economist says 'The Great Disinflation' is under way—and he expects 3 back-to-back interest rate cuts by summer

Goldman’s Jan Hatzius put the odds of a recession at just 15% when much of Wall Street worried about a downturn. Now he’s taking an inflation victory lap. ....

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Goldman Sachs' chief economist says 'The Great Disinflation' is underway

Goldman’s Jan Hatzius put the odds of a recession at just 15% when much of Wall Street worried about a downturn. Now, he’s taking an inflation victory lap. ....

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ASX futures jump: US Fed holds interest rates steady

ASX futures push 1 per cent higher after Jerome Powell’s comments; The Australian dollar climbs and US Treasury yields tumble. ....

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Nasdaq Composite surges 193 points as AI stocks star

Nasdaq Composite surges 193 points as AI stocks star
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Nasdaq ends sharply higher as Alphabet and AMD fuel AI surge

Shares of Alphabet jumped 5.3% as analysts cheered the launch of the Google-parent s newest AI model, while AMD soared nearly 10% after the company estimated the potential market for its data center AI chips could reach $45 billion this year. ....

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