Goldman Sachs now thinks the Federal Reserve will hike interest rates four times in 2022 as it grapples with red-hot inflation, having previously penciled in only three rate rises. The Wall Street giant said in a Monday note it believes the Fed will start selling some of its assets as early as July. The central bank currently holds almost $9 trillion worth of bonds, mainly government ones.
RSK: I guess we all saw this coming, especially with all the Fed spending and inflation....the key is how much and how fast. | ||
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