Goldman Sachs says high USD may lead to FOMC delay rate hike

Bloomberg with concerns from Goldman Sachs on the strength of the US dollar

Goldman Sachs Asset Management, note on October 28, says:

• "The Fed has expressed concerns about the dollar strength given the impact on financial conditions


• Tight financial conditions contributed to the Fed"s decision to delay its first rate hike and we believe that similar concerns may arise if the dollar appreciates back to its January levels."

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GS looking at the 7 month high for the big dollar, and thinking if it gets much higher that"ll be likely to prompt the Fed to delay.

Goldman Sachs says high USD may lead to FOMC delay rate hike
Goldman Sachs says high USD may lead to FOMC delay rate hike
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