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Goldman Sachs tip a Federal Open Market Committee (FOMC) pause at the June meeting
The inflation data released on Wednesday:US April CPI 4.9% y/y versus 5.0% expectedA response tipping an imminent pause on Federal Open Market Committee (FOMC) rate hikes:ICYMI - Federal Reserve insider Timiraos says an FOMC pause over summer "appears likely"Goldman Sachs also:“We view today’s CPI report as supportive of our call for a pause at the June FOMC meeting"Citing:because the shelter stepdown looks increasingly durable, inflation breadth softened somewhat further, and the strength in us...
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Posted: May 10 2023, 21:25
Author Name: forexlive
Views: 110583