Business | Friday, 17 February 2023 at 17:09
Summary Abstract Companies Goldman, Bofa to see three Fed ratio increases this year Both banks foresee Fed Fund rates in the range of 5.25% to 5.5%. European Bank UBS sees ratio increases in March and May meetings February 17 - Goldman Sachs and Bank of America said that the US federal reserve expects the US federal reserve to increase its interest rates three times this year and expected the data to remove the data after pointing to a permanent inflation and a flexible labor market. According to the data on Thursday, the producer prices accelerated with the largest margin in January in January, and a working department report showed that the number of Americans who made new claims for unemployment aids fell unexpectedly last week. Goldman Sachs economists, directed by Jan Hatzius, said, "In the light of stronger growth and firmer inflation news, we add a 25BP ratio increase in June for a highest fund ratio of 5.25-5.5%.". Meanwhile, money markets are currently priced by 5.3% until July. Bofa Global Research also expects an increase in 25BPS at the Fed's June meeting and increased the terminal ratio to 5.25-5.5%. Previously, at the March and May meetings, each of them threw a pencil with a two -rate hike of 25 BPS. "Resistant inflation and solid employment gains, these risks appearance means that the appearance is very unilateral for our liking." After the latest US data, the European Investment Bank UBS expects the FED to increase the rates that can leave the Fed funds at the range of 5-5.25% at the March and May meetings of the FED. However, unlike the US peers, UBS estimated that the FED would alleviate interest rates at the September meeting this year. Before the latest US data, J.organ predicted the terminal ratio to 5.1% by the end of June. Before the latest data, the majority of the economists who participated in the survey by Reuters said they expect the Fed to increase at least twice as much as in the coming months and that there is a risk of increasing. Reporting Aniruddha Ghosh and Siddarth S in Bengaluru; Our standards: Thomson Reuters Trust Principles. Gotopnews.com
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