Monday, January 24, 2022

Fed may be forced into "Policy Tightening" if inflation still stays high after they first raise interest rates

 In a new research note, economists at Goldman Sachs said they expected the Fed to raise interest rates four times. But they added a note of caution that the Fed could raise interest rates more aggressively if inflation stays high, a process known in markets as policy tightening.

"We see a risk that the FOMC will want to take some tightening action at every meeting until that picture changes," Goldman said in a note, referring to the Federal Open Market Committee (FOMC), the group that takes interest rate decisions at the Fed.

end partial quote of:
https://www.npr.org/2022/01/24/1075310724/dow-jones-bitcoin-stock-market

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