Morgan Stanley project a rate hike from the Federal Open Market Committee in September and December 2022
- followed up by another three hikes in 2023
- “We now expect the FOMC to begin raising interest rates in September next year, two quarters earlier than previously anticipated.”
Morgan Stanley and JPMorgan are looking for a lift off in September while Goldman Sachs are tipping June (also tipping June are Deutsche and BoAmerica analysts).
A typical pre-COVID-19 Federal Open Market Committee meeting: