In the Margins

Goldman: Fed to raise rates quarterly in 2016

November 23, 2015

By MarketWatch

Goldman Sachs economists predict the Federal Reserve’s benchmark U.S. interest rate could rise twice as much as Wall Street expects in 2016. Goldman said the Fed is likely to boost rates by 1% next year and that the U.S. economy will continue to grow fast enough to spur the Fed to raise rates by an average of once a quarter. Read the original story from MarketWatch.