Foreign media: Goldman Sachs believes that the Fed will raise interest rates four times by the end of 2023

Zhongxin Jingwei, September 20. According to the Chinese website of the Wall Street Journal, Goldman Sachs economists believe that from now to the end of 2023, the Fed will raise interest rates four times, and then maintain interest rates in the range of 4.25%to 4.50%until 2024.

Economist team led by Jan Hatzius released their ideas before the Fed's September policy meeting. The Fed's September Policy Conference will begin on Tuesday. Like many other companies, Goldman Sachs expects the Fed to raise interest rates 75 basis points later this week. This is different from the situation a few months ago. At that time, most traders believed that the Fed would only raise interest rates twice with this amplitude.

It is reported that Goldman Sachs expects that the Fed will raise interest rates by 50 basis points in November and December, and then raise interest rates at a smaller range in 2023, and cut interest rates once in 2024.

Goldman Sachs's team wrote when talking about the Federal Reserve's third interest rate hike for the third consecutive time: "We have seen several reasons for the change of planning. The stock market may offset some of the tightening situations designed in the financial environment and employment in the financial environment. The strong momentum of the market has reduced the concerns of excessive tightening at this stage. Fed officials now seem to have made faster and more coherent progress in reversing overheating. Some people may have re -evaluated short -term neutral interest rates. " Jingwei APP)

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