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