Goldman Sachs Macro Markets Strategy (Robin Brooks, Silvia Ardagna and Michael Cahill) comments:
t. The narrative goes that market turmoil in Q1, in part because of anxiety over RMB devaluation, caused markets to scale back their expectations for rate hikes, which helped insulate the US economy from adverse repercussions.
Goldman Sachs: ‘In Line With Our Fed View, We Hold To Our Dollar Bullish Call’
