US Fed rate hike bets soar to 57% from 30% after Warsh's speech. What are Goldman Sachs and others saying?
US rate-hike expectations jumped sharply after Fed Chair Kevin Warsh’s Jackson Hole speech, with traders pricing a 57% chance of a September hike.
Goldman Sachs, however, expects rates to remain unchanged, while warning that hotter-than-expected inflation data could alter the outlook.
Here’s what markets and economists are saying.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.