Goldman Sachs on the probability of a Fed FOMC rate hike before 2024 (not high)
Following up on the post with GS' taper forecast ... not too far off!
Adding in thoughts from analysts at the bank on a Fed rate hike lift-off.
- Goldman Sachs think the probability that the first hike will come before 2024 is still only modestly above 50%
- our forecasts for both growth and inflation in 2022-2023 are already below the FOMC median