Goldman Sachs tip a Federal Open Market Committee (FOMC) pause at the June meeting
The inflation data released on Wednesday:
A response tipping an imminent pause on Federal Open Market Committee (FOMC) rate hikes:
Goldman Sachs also:
“We view today’s CPI report as supportive of our call for a pause at the June FOMC meeting"
Citing:
- because the shelter stepdown looks increasingly durable,
- inflation breadth softened somewhat further,
- and the strength in used car prices is likely temporary
---
The June FOMC meeting is the next meeting, the 13th and 14th:
This article was written by Eamonn Sheridan at www.forexlive.com.from Forexlive RSS Breaking News Feed https://ift.tt/zIfShWF
Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
