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Goldman Sachs says US inflation is slowing ... "sharply"
A snippet via Goldman Sachs on US inflation.
- Price inflation is .. slowing sharply.
- Over the past two months, sequential core PCE inflation has averaged 2.6% at an annual rateāhalf the pace of the prior year
GS says the implications for the Federal Reserve:
- if wage growth and core inflation continue to come down, Fed officials will become gradually more tolerant of easier conditions
And, for markets:
- we think risk assets only... Read More
Posted: Jan 9 2023, 23:13
Author Name: forexlive
Views: 111440