Goldman Sachs: The Fed won’t hike again in September
Chief economist Jan Hatzius on CNBC
– Goldman shifts expected September hike to December
– Hatzius says June hike is 90% likely
– Jobs are still rising fast enough to keep unemployment stable
This is a pretty clear example of how the market is shifting. The feeling is that the Fed will hike but hit the pause button on September unless the data picks up.