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- US inflation unlikely to fall as quickly as markets predict – Goldman Sachs
US inflation unlikely to fall as quickly as markets predict – Goldman Sachs
In its latest client note published on Friday, analysts at Goldman Sachs warrant caution on the US inflation outlook.
Key quotes
"Although we expect further declines in inflation going forward, markets appear considerably more optimistic than we are about the pace of cooling."
“Investors are not taking note of the potential for "delayed-onset inflation" in sectors such as healthcare.”
“A sharp deceleration in US economic growth will only have a limited chance of more rapid easing of price pressures.”
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