7 months to rate cuts? 

7 months to rate cuts?

A neat chart below from strategists at Goldman Sachs shows that Central Banks - in the US and elsewhere - pretty much lose all appetite for further hikes right around inflation peaks. This, more or less, is where we are today in the US.

So it’s no surprise that over the weekend, the Federal Reserve telegraphed it another downshift in pace of hikes - and maybe a pause!  To preserve a degree of mystique in this tweet-crazy world, in an almost quaint tradition the Fed still handpicks a news outlet to communicate such market guidance over the weekend.