Inflation in the US won't come down as quickly as markets are currently pricing, according to strategists at Goldman Sachs Group Inc. Investors could be assuming that a sharp deceleration in growth will lead to a more rapid easing of price pressures, and tending to be more bearish on energy prices than what is implied by commodities futures, strategists led by Praveen Korapaty wrote in a note Friday (June 16). They see limited ability for those things to lower prices, and say markets are also ignoring the potential for 'delayed-onset inflation' in sectors like health care.
http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-06-17-story-h-267724704-Goldman_says_markets_too_optimistic_on_pace_of_US_inflation_drop#i3investor
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