Nov 25, 2021 08:49 PM (GMT+8) · EqualOcean
Financial Associated Press, November 25 (Reuters) - economists at Goldman Sachs Group said that when inflationary pressure is rising, it is expected that the Federal Reserve will tighten monetary policy faster than previously expected next year. The Federal Reserve will double the reduction of large-scale asset purchase plan to $30 billion / month from January next year, and raise interest rates from near zero from June. The Fed will then raise interest rates in September and December and twice in 2023. Goldman Sachs previously expected to raise interest rates in July and November.