Goldman Sachs CEO Solomon says business sentiment has picked up, inflation still a risk

ICYMI, US January CPI data was published overnight:

• Headline m/m CPI 0.4% (vs +0.0% expected) while Core m/m +0.4% (vs +0.4% exp)

Remarks from Goldman Sachs Chief Executive Officer David Solomon:

• sentiment among business leaders has picked up
• "While it's still very, very uncertain, the consensus has shifted to be a little bit more dovish in the CEO community that we can navigate through this in the United States, with a softer economic landing than what people would have expected six months ago"
• but did warn that said inflation is still "sticky",. and that its a big headwind for growth and for business investment