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Goldman Sachs add another Federal Open Market Committee (FOMC) rate hike to their forecast

Goldman Sachs add another Federal Open Market Committee (FOMC) rate hike to their forecast

Central Banks
Eamonn Sheridan
16/02/2023 | 23:09 GMT

Goldman Sachs are forecasting FOMC rate hikes of 25bp each at the

  • March
  • May
  • and June

meetings. GS were previously at 2 in the months ahead.

GS cite:

  • stronger economic growth
  • firmer inflation news

GS projects the peak Fed Funds rate at 5.25 - 5.5%

fed funds 14 February 2023

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