I posted earlier the summary from Goldman Sachs on their tip for the next FOMC interest rate move:

Goldman Sachs on the wires - see next Fed rate hike in June (from March)

This was the summary:

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

More:

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

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More here, if you want it:

They say a picture is worth a 1000 words ... but what if its a picture of words? Yours at 1,000.

And, more from GS:

And that graph from Goldman Sachs reminds of one I posted from them about 3 weeks ago - a longer look at the tightness of financial conditions