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Goldman Sachs economists expect Trump's economic agenda to lift inflation and push the Fed to tighten more aggressively, with three hikes forecast for 2017. They raised the odds of a December hike to 85 percent and described the growth outlook as ambiguous given protectionism risks.
Expectations of faster Fed tightening support the dollar and weigh on dollar-denominated commodity prices, while protectionism concerns add downside risk to agricultural trade.
cnbc.comPatti DommNov 16, 2016After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
