Goldman: Unemployment “Manageable,” Rates Rise in September

April 7, 2015 12:54 PM

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Although Friday’s unemployment number was a “disappointment,” a report from Goldman Sachs Group Inc (NYSE:GS) says the “labor market condition as a manageable hurdle” as it eyes the normalization of interest rates.

As negative interest rates abound in Europe, Goldman’s U.S. Economics Analyst report says there are two conditions the Federal Reserve is considering in order to pull the trigger on rate hikes: further improvement in the labor market “reasonable confidence” inflation, and a sign of economic activity...

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