FED: EXPECT ADDITIONAL 25 BPS RATE HIKES IN MAY AND JUNE – GOLDMAN SACHS... dari Tiyas

25 Mar 2023, 19:32 · Views 59

Economists at Goldman Sachs bring out their new call on the US Federal Reserve (Fed), following Wednesday’s dovish outcome.

"The FOMC raised the funds rate by 25bp to 4.75-5%, against our expectation of a pause, but projected a weak economic outlook for the rest of 2023 and a more cautious path for the funds rate than Chair Powell had indicated was likely before the recent banking turmoil.”

"We have left our forecast for the peak funds rate unchanged at 5.25-5.5% and now expect additional 25bp rate hikes in May and June.”

“Our baseline forecast is 25bp above the FOMC's forecast of 5-5.25%, and our weighted-average path for the funds rate is above market pricing.”

Peringatan: Pendapat yang disampaikan sepenuhnya merupakan milik penulis dan tidak mencerminkan posisi resmi Followme. Followme tidak bertanggung jawab atas keakuratan, kelengkapan, atau keandalan informasi yang disediakan, serta tidak bertanggung jawab atas tindakan apa pun yang diambil berdasarkan konten ini, kecuali dinyatakan secara tertulis.

Suka artikel ini? Tunjukkan apresiasimu dengan memberi hadiah untuk penulis.

Bear Trap! Why Bandhan Bank shares hit 3-year low. The reason for the sharp fall in the stock couldn’t be ascertained at the time of filing this report. However, the private sector lender has been struggling with rising bad loans at a time when most of its peers, including the public sector ones, have shown sharp improvement in asset quality.

Tiyas

Goldman Sachs says generative A.I. could impact 300 million jobs — here's which ones. Artificial intelligence could automate up to a quarter of work in the U.S., a Goldman Sachs report says. Here's the most affected sectors and countries.

Tiyas

India Inc's Q1 hiring intent slips 4%: Report According to the survey, which covered over 800 small, medium and large companies in 14 industries, 64% of the firms plan to increase their manpower resource pool in Q1 of FY24, down from 68% in Q4 FY23 as companies turn more cautious about their hiring plans.

Tiyas