In its latest client note, the economists at Goldman Sachs project that the Federal Reserve (Fed) will hike rates more than is currently priced into the market. The report also expressed their take on the US jobs and inflation outlook. Key Quotes (via CNBC): Labor market tightening, wages rising at the fastest pace of the recovery. “The economy really needs to slow to avoid a dangerous overheating”. Unemployment to 3 percent by early 2020. Wage growth 3.25 percent to 3.5 percent range over the next year or so. Inflation “is on track for a meaningful overshoot” of the Fed’s 2 percent target “¦ see risks to this forecast as tilted to a bigger increase. Forecasting five more quarter-point rate hikes through early 2020. Two more than pricing. Risks to forecast also are “a little tilted to the upside.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Breaking News: China Commerce Ministry to impose anti-dumping tariffs on acrylic fiber from South Korea starting Nov 7 FX Street 4 years In its latest client note, the economists at Goldman Sachs project that the Federal Reserve (Fed) will hike rates more than is currently priced into the market. The report also expressed their take on the US jobs and inflation outlook. Key Quotes (via CNBC): Labor market tightening, wages rising at the fastest pace of the recovery. "The economy really needs to slow to avoid a dangerous overheating". Unemployment to 3 percent by early 2020. Wage growth 3.25 percent to 3.5 percent range over the next year or so. Inflation "is on track for a meaningful overshoot" of the Fed's 2… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
