Goldman Sachs just sent a sobering warning to the Federal Reserve. After analyzing a "noisy" January CPI report, the firm’s economists, led by Jan Hatzius, officially reset their forecast for the ...
Goldman Sachs’ outlook is due to oddities in how PCE measures inflation. “We estimate that the core PCE price index rose 0.40% [month over month] in January (vs. our expectation of 0.30% prior to ...
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