President Donald Trump on Tuesday lambasted Goldman Sachs Group Inc. and its chief executive, David Solomon, saying the Wall Street firm had made a “bad prediction” about the market and consumer effects of his sweeping tariff agenda. In a post on his Truth Social platform, Trump said Solomon should “get himself a new economist or maybe just focus on being a DJ,” referencing the banker’s sideline as performer DJ D-Sol. The president insisted tariffs have not stoked inflation and claimed they are generating “massive amounts of cash” for the U.S. Treasury. Trump’s comments followed a briefing note by Goldman economists led by Jan Hatzius that estimated American consumers have so far absorbed 22% of tariff costs, a share the bank expects to climb to 67% if levies remain in place. The analysis projects tariffs have already added about 0.2 percentage point to the core personal consumption expenditures price index and could lift it by another 0.5 point by year-end. Earlier in the day, government data showed underlying inflation accelerated in July even as goods prices rose more slowly, easing some concern over tariff-related price pressure and bolstering market expectations for a Federal Reserve rate cut in September. A spokesperson for Goldman Sachs declined to comment on the president’s remarks, which arrive amid heightened tensions between the White House and major banks over trade policy and regulation.