Goldman Sachs expects the Fed to hold steady for longer, and expects a rate hike in December

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It prompted Goldman Sachs to postpone its expectations for the next interest rate cut until December 2026 and March 2027.

This revision came as the bank expects inflation in 2026 to be higher than the target of 2%.

Inflation forces Goldman Sachs to rethink the federal bond rate cut schedule

جولدمان’s speech the light On the other hand, the cost of energy transmission will likely keep the core inflation of the personal inflation index (PCE) close to 3% throughout 2026. It will return to 2% only at first 2027.

Goldman economists argued in the United States that they must show weak employment figures first before lowering interest rates.

The Federal Open Market Committee maintained interest rates between 3.50% and 3.75% on April 29and reported that economic conditions are stable in most areas. The meeting witnessed four protests, the highest number since 1992.

Also, Lindsey Rosner of the Goldman Sachs Asset Management previously said that she had no influence at a meeting of the Federal Open Market Committee in June.

Rosner pointed out Until the Federal Open Market Committee feels that it should be removed from the Federal Government, it will be announced after the next meeting in June, which shows that the hawks are in control.

Know what you mean by fixed interest rates for digital currency markets

Postponements of interest rate cuts lead to the expansion of liquidity flowing into higher currencies such as bitcoin (btc) and ethereum (eth). sets CME FedWatch tool 93.4% probability The Federal Reserve will keep rates steady at its June 17 meeting.

The stronger dollar associated with that expectation usually puts pressure on currency valuations

تمتص عرض المتحدة عرض المزيد تمتس عرض المزيد However, the existing password can be recovered as a hedge against inflation wound If the price pressures driven by energy increased more.

Follow closely the data of the price index for the upcoming personal consumption expenditure and open reading on June 17 to determine the next trend. Expectations indicated that the Federal Reserve will amend the language of the statement regarding the tightening of cryptocurrency sites in the third quarter.

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