Goldman Sachs Says Revising Its Fed Forecast To Include 75Bp Hikes In June And July

Reuters
2022.06.13 22:16
Goldman Sachs Group Inc (GS.N) : * GOLDMAN SACHS SAYS REVISING ITS FED FORECAST TO INCLUDE 75BP HIKES IN JUNE AND JULY * GOLDMAN SACHS SAYS IT NOW EXPECTS THE MEDIAN DOT TO SHOW 3.25-3.5% AT END-2022 * GOLDMAN SACHS SAYS IT EXPECTS THE MEDIAN DOT TO SHOW TWO FURTHER HIKES IN 2023 TO 3.75-4%, FOLLOWED BY ONE CUT IN 2024 TO 3.5-3.75% * GOLDMAN SACHS SAYS IT EXPECTS A 50BP HIKE IN SEPTEMBER AND 25BP HIKES IN NOVEMBER AND DECEMBER, FOR AN UNCHANGED TERMINAL RATE OF 3.25-3.5%
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