In the Margins

Goldman, JPMorgan raise Fed rate hike expectations

February 15, 2017

By Reuters

Goldman Sachs has raised its expectations of an interest rate increase by the Federal Reserve in the first half of this year, and JPMorgan brought forward its forecast of the next rate increase to May. Both said they acted on surprisingly strong figures for U.S. retail sales and consumer prices last month and more hawkish rhetoric from Fed Chair Janet Yellen and other central bank officials. Read the original story from Reuters.



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