The Federal Reserve will only start cutting interest rates in September, according to economists at Goldman Sachs Group Inc., who pushed back their call from July amid signs the economy is still too resilient to justify easing. Alberto Gallo of Andromedia Capital Management and Kathy Bostjancic, Nationwide Mutual Insurance chief economist, react on “Bloomberg Surveillance.” (Source: Bloomberg)
from Bloomberg Markets https://ift.tt/Udu6ZeB