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Goldman Sachs no longer expect a Federal Open Market Committee (FOMC) rate hike in June

Goldman Sachs in response to the US CPI data on Wednesday. Data is here (links, impact, responses etc):Forexlive Americas FX news wrap 12 Apr: US CPI lower but Fed officials remain cautiousGoldman Sachs were previously fiorecasting a Federal Reserve rate hike in both May and June. In a note after the CPI report they pulled the June hike from their projections. still expect a rate hike in May, saying the inflation data matched its expectationnew forecast for no rate hike in June was driven by sig... Read More

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Posted: Apr 12 2023, 22:02

Author Name: forexlive

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