Goldman Sachs raises Fed rate hike expectations: 75 basis points this month

time:2022-12-09 07:45:40source:chakarski.com author:Individual stock recommendation
Goldman Sachs raises Fed rate hike expectations: 75 basis points this month

Goldman economists raised their expectations for the pace of Fed rate hikes and now expect the Fed to raise rates by 75 basis points at this month's meeting and 50 basis points in November, compared with previous forecasts of 50 basis points and 50 basis points. 25 basis points. Economists such as Jan Hatzius said Fed officials have been hawkish lately, appearing to suggest that progress in reining in inflation has not been as consistent or rapid as they had hoped. Tighter policy will keep economic growth below potential in the second half of the year.
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