Posted AT 3:26 PM EDT on 16/04/04
Fed could wait a year: Goldman
A red-hot economy and the threat of simmering price pressures have the market and most economists primed for an interest-rate hike from the Federal Reserve this summer.
But, not everyone's convinced.
Goldman Sachs & Co. analyst Ed McKelvey says — even with the spate of better-than-expected readings on everything from U.S. employment to retail sales — still has the latitude to wait until next year.
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