Goldman Sachs’ Chief US Economist Says Tariffs Unlikely To Spark a Prolonged Inflation Period, Predicts Three Rate Cuts This Year

David Mericle, chief US economist at Goldman Sachs, says that President Trump’s tariffs are unlikely to result in a lengthy period of inflation. In a new interview with CNBC Television, Mericle says he expects the Fed to make three rate cuts this year, starting in two months, as he predicts tariff-driven inflation will be transitory. source: https://dailyhodl.com/2025/07/19/goldman-sachs-chief-us-economist-says-tariffs-unlikely-to-spark-a-prolonged-inflation-period-predicts-three-rate-cuts-this-year/