New York Federal Reserve Building. Photo: Reuters/Keith Bedford
New York Federal Reserve Building. Photo: Reuters/Keith Bedford

Goldman Sachs rate comment: “Comments on February 28 from Fed Presidents Kaplan, Williams, and Dudley provided stronger hints that the FOMC is seriously considering a hike at its March meeting. We have raised our subjective probability that the next hike will come at the March meeting to 60% and lowered our odds for May to 10% and for June to 25%.”