Goldman Sachs says US inflation will not fall as quickly as markets are currently pricing

A note from the investment bank issued on Friday. In it GS says:

  • “Although we expect further declines in inflation going forward, markets appear considerably more optimistic than we are about the pace of cooling,”
  • says investors are not taking note of the potential for “delayed-onset inflation” in sectors such as healthcare
  • says a sharp deceleration in US economic growth will only have a limited chance of more rapid easing of price pressures

This article was written by Eamonn Sheridan at Source