Goldman Cuts Odds of Third Fed Rate Hike in 2017 to 55% From 60%
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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Jan Hatzius (Goldman Sachs Group Inc/The)
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UUID: 7947283
(Bloomberg) -- Goldman Sachs now sees 55% chance, vs 60% previously, of a third Fed rate hike before year-end after fifth straight miss in core CPI, economists led by Jan Hatzius write in note.
- GS keeps odds of next hike occurring in September at less than 5%; now also sees less than 5% odds for a move in November vs 5% previously; odds are 55% cumulatively for a hike by December
- “Overall CPI report was clearly disappointing” despite some encouraging details
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
People
Jan Hatzius (Goldman Sachs Group Inc/The)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283