2023-06-18 04:07:00
He assured that inflation will not decrease as quickly as the markets currently expect
Bloomberg Agency stated in a report, Saturday, citing a note by strategic analysts at Goldman Sachs Bank, that inflation in the United States will not decline as quickly as markets currently expect it.
The report stated that the analysts wrote in the note dated Friday, “Although we expect further declines in inflation in the future, the markets seem much more optimistic than us regarding the pace of the slowdown.”
Analysts said that markets were ignoring the possibility of “late inflation” in sectors such as healthcare.
The Federal Reserve (the US central bank) kept interest rates unchanged on Wednesday, but indicated in new forecasts that the cost of borrowing may need to be raised once more due to the slowdown in inflation.
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