Marketmind: A week of central banks - NewsBreak
By Faria in Business
Updated 3 years ago
A look at the day ahead from Sujata Rao. It's hard to believe that just a month or so back the first Fed rate hike was not expected until Jan 2023. Goldman Sachs is among those to now predict a hike next July, bringing forecasts forward a whole year after the U.S. core PCE index -- the Fed's preferred inflation measure - came in at 4.4% annualised.
