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Jun 18 - 06:55 PM
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Goldman: We Expect the Fed to Stay on Hold this Year and the ECB to Deliver One More 25bps Hike in September
By eFXdata — Jun 18 - 04:00 PM
Goldman Sachs Research summarizes its latest Fed and ECB calls following the June policy meetings.
"We expect the Fed to leave the policy rate unchanged at 3.5-3.75% this year, though the hawkish June FOMC meeting raises the risk of interest rate hikes later this year," GS notes.
"We expect the ECB to deliver one more 25bp hike in September to a peak policy rate of 2.5% before cutting back to 2% in 2027," GS adds.
Source:
Goldman Sachs Research/Market Commentary