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Goldman Sachs reiterates forecast for Fed funds to peak at 5.00-5.25%

Goldman Sachs reiterates forecast for Fed funds to peak at 5.00-5.25%

It's not just the Fed that's fighting the market, Goldman Sachs economists are too.

"Our economists continue to expect three additional rate hikes of 25 basis points each in February, March and May, for a peak funds rate of 5-5.25%. We see the FOMC's overriding goal as continuing what it has successfully begun in 2022, maintaining a below-potential growth pace that steadily narrows the jobs-workers gap," they write.

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Posted: Dec 19 2022, 19:03
Author Name: forexlive
Views: 110412

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