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Goldman Sachs says US inflation is slowing ... "sharply"

Goldman Sachs says US inflation is slowing ...

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 rateā€”half 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:

Posted: Jan 9 2023, 23:13
Author Name: forexlive
Views: 111440

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