Goldman Sachs citing rapid jobs market progress and hwkishness in the December FOMC minutes.
Bloomberg have more (may be gated)
- “We are therefore pulling forward our runoff forecast from December to July, with risks tilted to the even earlier side,”
- “With inflation probably still far above target at that point, we no longer think that the start to runoff will substitute for a quarterly rate hike. We continue to see hikes in March, June, and September, and have now added a hike in December.”