Goldman Sachs President Waldron spoke in a Bloomberg TV (may be gated) interview on Tuesday, US time.

  • “You’re seeing the Fed move quite aggressively ... to get on top of what’s significant inflation building in the economy, clearly trying to front load a lot of the moves -- policy moves -- to try to deal with inflation”
  • Goldman Sachs ... we expect them to continue to be aggressive in fighting inflation”
  • “We are forecasting a terminal rate kind of in the mid-3% range”

Graph via link here

Long way to go ...

fed rate 20 July 2022