Economy / FinanceThe Days After...

Goldman Sachs Predicts Fed Will Raise Rates Faster Due to Persistent Inflation


Goldman Sachs has brought forward its forecast by a year to July 2022 for the first post-pandemic U.S. interest rate hike, with the investment bank predicting that persistently high inflation will force the Fed to roll back stimulus more aggressively. “The main reason for the change in our liftoff call is that we now expect core PCE inflation to remain above 3 percent—and core CPI inflation above 4 percent—when the taper concludes,” Goldman’s chief economist, Jan Hatzius, wrote in a client note. Federal Reserve policymakers are expected to announce plans to start tapering the central bank’s $120 billion in monthly…

This content is for Q17c Membership, Classified Membership, and LifeTime Patriot Membership members only.
Login Join Now
QNavy is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

Virtual Roundtable: What Xi’s “Common Prosperity” Policies Mean for China and the Global Economy

Previous article

Biden Administration’s COVID Vaccine Mandate for Private Businesses to Be Published Soon

Next article

You may also like


Comments are closed.