Aug.13 — Jeff Currie, global head of commodities research at Goldman Sachs, discusses commodity supply stability from the Middle East, the outlook for oil and jet fuel demand, and investors’ best hedge against inflation. He speaks on “Bloomberg Markets: European Close.”
In This Story: Goldman Sachs
The Goldman Sachs Group, Inc. (NYSE: GS), is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting.
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In This Story: Inflation
In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.