Goldman: Fed Unlikely to Surprise

Goldman Sachs Chief US Economist David Mericle joins Bloomberg Open Interest to explain why the Fed is still likely to leave interest rates unchanged despite geopolitical tensions and rising oil...

By Bloomberg Markets · Bloomberg Markets

Goldman Sachs Chief US Economist David Mericle joins Bloomberg Open Interest to explain why the Fed is still likely to leave interest rates unchanged despite geopolitical tensions and rising oil prices. He breaks down the inflation outlook, why a surprise hike is unlikely, and why today's resilient consumer could weaken later this year. (Source: Bloomberg)