Commodity demand will increase this year driven by interest rate cuts by central banks. This is according to Goldman Sachs, which sees potential commodity returns as high as 15%.
The investment bank’s analysts said in a note that lower interest rates will help the recovery of the manufacturing industries and stimulate consumer demand, while geopolitical risks continue.
The…
This story from oilprice.com was posted on 2024-03-25 by @petalstorm.