@%CE%A7%CF%81%CE%B9%CF%83%CF%84%CF%8C%CF%82 GS assumes Treasury matches TSP 401k today and doesn't delay the matching.
Protip, they'll delay it like they did last time.
@utvolford Bostic also called for a rate pause in September... 2022.
https://www.bloomberg.com/news/articles/2022-05-23/fed-rate-hike-pause-in-september-may-make-sense-bostic-says
@kenorb Banks are incentivized to estimate low
They own tons of bad bonds
Also, isn’t Goldman the same group with Jan Hatzius who projected a March rate cut? Dude must be balls deep in shitty CRE
@seeburger The leading ones are that natty gas is down 70% over the year and gasoline flat this month, down 20% over the year. Oh and most commodities are also down or flat.
Service inflation is the real battleground