Bloomberg with the headline from Goldman Sachs

  • GS now tipping June for the next Federal Reserve rate hike
  • They were tipping March but have slipped it back 3 months


Note from chief economist Hatzius

  • financial conditions have tightened "meaningfully"
  • Fed will wait for more data & observe market developments
  • GS still expecting 3 hikes this year

(dream on)

  • Risks are to the downside though

(that's more like it)

  • An April hike is possibility if mkt conditions improve