According to Goldman CEO David Solomon, what specific economic condition in the second half of 2026 could lead to shifts in consumer behavior?

Goldman CEO David Solomon stated that 'high oil prices'—which could fuel a pickup in inflation—may cause 'more shifts in consumer behavior' in the second half of 2026.

What did David Solomon say about the Federal Reserve's current stance and leadership amid rising inflation?

Solomon expressed 'enormous confidence in the Federal Reserve, its governors and the new chair Kevin Warsh,' while noting that U.S. inflation had risen at its fastest pace in three years in April—driven by energy prices from the Iran war—and that this has led economists to expect the Fed will hold interest rates unchanged well into next year.

Goldman CEO Says High Oil Prices Could Shift Consumer Behavior in Second Half of 2026

Jun 2, 2026

Goldman Sachs CEO David Solomon predicts consumer behavior shifts in late 2026 due to inflation driven by higher oil prices, highlighting potential impacts on market dynamics and investment flows.

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