3min chapter

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Are investors betting the worst is over for U.S. inflation?

Goldman Sachs The Markets

CHAPTER

The Fed's Final Phase of Policy Tightening

A 25 basis quates rate hike this month still seems likely. But the outlook for beyond July has turned a bit more uncertain. It's plausible that this month could mark the peak in the Fed's hiking cycle. The UK is slowly but surely making progress on disinflation as economy responds to tighter policy.

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