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Economic dataEconomic Times

Goldman forecasts Fed rate hike in March after hotter US inflation

Negative-22

GreyOak summary

Goldman Sachs revised its forecast to predict a 25-basis-point US Federal Reserve rate hike in March, following stronger-than-expected US inflation data. The bank anticipates inflationary pressures will ease by year-end before seasonal increases push rates higher again.

What it affects

  • US inflationNegative -22

    US inflation data showed three consecutive upside surprises.Rolling sentiment Negative -44

Source

Read the original at Economic Times

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