Central Banks
Goldman’s Hatzius Says US Inflation Going Lower, June Cut Likely
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US inflation is still on a downward path despite the higher prints in recent months, said Goldman Sachs Group Inc.’s Chief Economist Jan Hatzius, supporting the bank’s expectation for an interest-rate cut in June.
“If you look at the drivers of inflation, whether it’s on the goods side or on the rent side or in the labor market, I think the trends there still look encouraging,” Hatzius said on Bloomberg Television Wednesday.