Goldman says markets too optimistic amid US inflation fall

June 18, 2023 01:03 AM

Inflation in the US will not decline as quickly as markets are currently pricing, Bloomberg cited a Goldman Sachs note as saying.

"Although we expect further declines in inflation going forward, markets appear considerably more optimistic than we are about the pace of cooling," the Goldman strategists wrote.

The US Federal Reserve left interest rates unchanged on Wednesday.

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