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Goldman Sachs now expects seven US interest rate rises this year

Goldman Sachs now expects seven US interest rate rises this year

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Goldman Sachs (NYSE:GS) has upgraded the number of interest rate rises it expects from the Federal Reserve for 2022 to seven, up from five previously. The broker anticipates the Fed to announce consecutive 0.25% rate hikes increase in each remaining Federal Open Market Committee (FOMC) meeting of 2022 in an attempt to cool down an overheating economy.

...read full article on Proactive Investors

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