Goldman Sachs Says Fed’s Hawkish Faction Calmed, Easing Tied to Jobs Data
According to Goldman Sachs, future U.S. Federal Reserve monetary easing will hinge on labor market trends after its more hawkish members were appeased.
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Terms & Concepts
Hawkish: Refers to a monetary policy stance favoring higher interest rates to control inflation.
Federal Reserve: The central banking system of the United States, responsible for monetary policy decisions.
Monetary Easing: A policy action by a central bank to lower interest rates or increase money supply to stimulate economic growth.