Quartz·1 min read·medium
Goldman Sachs says a September Fed rate hike is very unlikely as inflation cools
✦AI Summary
Goldman Sachs chief economist Jan Hatzius suggests that a Federal Reserve interest rate hike in September is unlikely. This outlook is based on recent data showing cooling inflation and signs of a softening labor market.
Chief economist Jan Hatzius cited soft retail sales, weak employment data, and slowing inflation in a Sunday client note
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