Goldman Sachs on the timing of the next Federal Reserve rate hike - (spoiler ... 2025)
News crossing that some traders are being sent home from Goldman Sachs in New York due to a COVID-19 case.
Meanwhile, analysts at the bank have speculated on the earliest the Fed may hike given the outlined triggers from the FOMC.
- lift off targets (full employment, 2% inflation), says the bank, are expected to be hit in early of 2025
- the Goldman Sachs analysts do say earlier hitting of those targets is looking more possible though