Goldman Betting On Fed To Skip March Rate Hike

Speculation is growing among traders that the US Federal Reserve could refrain from hiking interest rates later this month for fear of triggering another Silicon Valley Bank-style collapse. Turmoil in financial markets sparked by the tech-focused lender’s collapse has raised the likelihood Fed chair Jerome Powell and co may hold off raising rates any further. Up until last week, investors had expected the world’s most influential central bank to return to steeper moves and increase rates 50 basis points higher on 22 March. A batch of…