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Economics

Goldman Sees the Possibility of Stagflation Under Trump Presidency

Higher inflation and unemployment.
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Why Trump's Fed Approach Matters to Markets

Short-term gain for long-term pain?

That's the view of economists at Goldman Sachs Group Inc., who argue that while some of President-elect Donald Trump's proposals could boost U.S. economic growth in the near future, his other policies would offset those positive impacts over the long-run.