Inflation is now ‘deeply entrenched’ in the economy and more volatility lies ahead, Goldman Sachs’ CEO David Solomon says

Inflation hit another four-decade high in June, rising 9.1% from a year ago and handily topping economists' expectations.  Now, Wall Street is arguing it could be here to stay.  David Solomon, the CEO of Goldman Sachs, said on Monday that he believes inflation is now entrenched in the economy...