Fed Preview: A slightly hawkish rewording of the inflation assessment likely - Goldman Sachs

Omkar Godbole FXStreet Contributor

A Bloomberg report quotes Goldman Sachs economist Jan Hatzius as saying that the Fed is likely to issue an upbeat post-meeting statement that includes an upgrade to the balance of risks and a slightly hawkish rewording of the inflation assessment.

"Taken together, we believe the tone of the statement will be consistent with a hike at the March meeting, barring a sharp weakening in economic conditions", Hatzius wrote in a note on Sunday.

That said, the bank expects the Fed to retain the ‘closely monitoring’ inflation language this week.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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