Goldman’s Wilson-Elizondo says hike next meeting isn’t a ‘done deal’
While the Federal Reserve’s latest release was more hawkish than expected, the main risk the the central bank faces is tarnishing its anti-inflation credibility, which warrants favoring their hawkish reaction, said Alexandra Wilson-Elizondo, deputy chief investment officer of multi-asset strategies at Goldman Sachs Asset Management.
The recent rise in energy prices and resilient economic activity data likely drove the Fed’s forecasts, she said.
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