Goldman Sachs economists, referring to the Supreme Court’s cancellation of the IEEPA tariffs, expect the inflationary effects of tariffs to decline. According to the bank’s estimate, tariffs imposed since April have added 0.7 percent to core inflation, PCE, but the pace of transmission has slowed. Goldman Sachs emphasized that only another 0.1 percent will be added to underlying inflation from this point, describing the final impact on consumer prices as minor.

Christopher Waller, a member of the Federal Reserve, addressed two conflicting signals in the US economy: strong economic growth and rising productivity on one hand, and an almost complete halt in new job creation on the other. He noted that zero employment growth in some periods is not sustainable and said that forecasting the labor market outlook depends heavily on February data. Waller described artificial intelligence as playing a key role in future labor market changes and said predicting which jobs will disappear is easier than predicting new ones. He also identified energy shortages as the biggest obstacle to AI development in the United States..

Donald Trump, in a post on his social network, denied reports claiming that General Daniel Caine, known as Razin, opposed war with Iran, calling them 100% false. He said that Caine, like everyone else, does not prefer war, but if ordered, believes the conflict would be easy to win. Referring to Caine’s role in operations against Iran’s nuclear program, Trump described him as a great fighter. The US president concluded by warning that he prefers an agreement with Iran over war, but if no agreement is reached, it will be a very bad day for Iran.

Investment bank UBS, in its latest forecast, raised its gold price target for the first half of 2026 to 6200 dollars per ounce. The bank’s analysts cite geopolitical tensions, especially in the Middle East, continued Federal Reserve rate cuts, and record central bank demand of 5000 tons as the main drivers of this increase. They also warned that by 2028 about 80 major mines worldwide will face resource depletion, a supply constraint that, alongside rising demand, will become the next engine for prices.