… And first rate hike in June 2022
Goldman Sachs is expecting the FOMC to double the taper amount when they meet in December. The current taper is and a $15 billion per month pace. The current bond buying is still at $105 billion. At a $30 billion pace, tapering would be finished in the second 2Q of 2022.
Going also expects the Fed to start to tighten in June 2022.