Goldman Sachs says geopolitics will not stop the Fed from hiking

Goldman Sachs on the Federal Open Market Committee ahead:

• we do not expect geopolitical risk to stop the FOMC from hiking steadily by 25bp at its upcoming meetings
• though we do think that geopolitical uncertainty further lowers the odds of a 50bp hike in March

50 in March does seem to have gone onto the backburner. the meeting is March 15-16 so there is time for further developments.