I posted earlier the summary from Goldman Sachs on their tip for the next FOMC interest rate move:
Goldman Sachs on the wires - see next Fed rate hike in June (from March)
This was the summary:
- GS now tipping June for the next Federal Reserve rate hike
- They were tipping March but have slipped it back 3 months
More:
Note from chief economist Hatzius
- financial conditions have tightened "meaningfully"
- Fed will wait for more data & observe market developments
- GS still expecting 3 hikes this year
(dream on)
- Risks are to the downside though
(that's more like it)
- An April hike is possibility if mkt conditions improve
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More here, if you want it:
They say a picture is worth a 1000 words ... but what if its a picture of words? Yours at 1,000.
And, more from GS:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.