Lindsay Rosner: The probability of a Federal Reserve rate hike in July is 50%.
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Lindsay Rosner, Head of Multi-Sector Investments for Asset and Wealth Management at Goldman Sachs, stated that the probability of a Federal Reserve rate hike in July is 50%. The Personal Consumption Expenditures report is a key factor, and the wealth effect from rising stock prices is a reason for the rate hike. Goldman Sachs has postponed its expected timeline for a rate cut to the end of 2027.
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