Goldman Says Markets Too Hawkish on Betting Fed Will Hike Rates
AI Summary
Goldman Sachs states that the markets are too hawkish in anticipating Federal Reserve interest-rate hikes as inflation in the US slows. The analysis suggests market expectations may be overstated considering economic cooling in the world's largest economy.
Market bets on Federal Reserve interest-rate hikes are still too aggressive given that inflation in the world’s biggest economy is cooling, according to Goldman Sachs Group Inc.