28 April 2026 | 11:31PM EDT Economics Research US ECONOMICS ANALYST Higher Energy Costs, International Spillovers, and the Inflation Outlook Elsie Peng +1(212)357-3137 | elsie.peng@gs.com Goldman Sachs & Co. LLC Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclosure Appendix, or go to www.gs.com/research/hedge.html. c45a43530f604d12bcb9a82b5aa6b9f6 n Our commodity strategists now expect a ...