{"id":79819,"date":"2021-11-02T00:47:20","date_gmt":"2021-11-02T04:47:20","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79819"},"modified":"2021-11-02T00:32:38","modified_gmt":"2021-11-02T04:32:38","slug":"goldman-sachs-brings-forward-u-s-rate-hike-projection-by-a-year","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/11\/2021\/goldman-sachs-brings-forward-u-s-rate-hike-projection-by-a-year.html","title":{"rendered":"Goldman Sachs brings forward U.S. rate hike projection by a year"},"content":{"rendered":"\n<p>(Reuters) Goldman Sachs has brought forward its forecast by a year to July 2022 for the first post-pandemic U.S. interest rate hike, as the investment bank expects inflation to remain elevated. \u201cThe main reason for the change in our liftoff call is that we now expect core PCE inflation to remain above 3% \u2014 and core CPI inflation above 4% \u2014 when the taper concludes,\u201d Goldman\u2019s chief economist, Jan Hatzius, wrote in a client note.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.reuters.com\/article\/usa-rates-goldman-sachs\/goldman-sachs-brings-forward-u-s-rate-hike-projection-by-a-year-idUSL8N2RS1DI\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Goldman Sachs has brought forward its forecast by a year to July 2022 for the first post-pandemic U.S. interest rate hike, as the investment bank expects inflation to remain elevated. \u201cThe main reason for the change in our liftoff [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79819","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79819"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79819\/revisions"}],"predecessor-version":[{"id":79820,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79819\/revisions\/79820"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}