Goldman Sachs expects FOMC to hold rates

Market news

1 February 2017

Goldman Sachs expects FOMC to hold rates

"The FOMC will very likely keep policy unchanged on Wednesday, and make only modest revisions to the post-meeting statement.

We expect constructive comments on economic activity, and possibly, a shift to say that headline PCE inflation will reach 2% "relatively soon" (instead of "over the medium term").

We expect the balance of risk assessment and characterization of current policy ("accommodative") to remain unchanged".

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