Goldman Sachs: USD strength a concern for Fed, could delay rate hike

Goldman Sachs Asset Management published their latest note this Monday, highlighting the impact of recent USD appreciation on Fed’s rate hike prospects.

Key Quotes:

"The Fed has expressed concerns about the dollar strength given the impact on financial conditions”

“Tight financial conditions contributed to the Fed's decision to delay its first rate hike and we believe that similar concerns may arise if the dollar appreciates back to its January levels."