The Federal Reserve will likely raise interest rates four times this year and will start its balance sheet runoff process in July, if not earlier, according to Goldman Sachs Group Inc.
Rapid progress in the U.S. labor market and hawkish signals in minutes from the Dec. 14-15 Federal Open Market Committee suggest faster normalization, Goldman’s Jan Hatzius said in a research note.
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January 10, 2022 at 09:49AM
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Goldman Now Expects Four Fed Hikes, Sees Faster Runoff in 2022 - Bloomberg
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