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TheNews, Sat Mar 11, 2017 10:17 am

Economists at Goldman Sachs now see quicker pace of hikes

Economists at Goldman Sachs continue to see three Fed hikes this year but now see them taking place in March, June and September compared to March, September and December previously.

Along with that, they now expect the Fed to being the process of balance sheet normalization in the fourth quarter of this year, sooner than their previous call of mid-2018.

They almost went a step further but for now, they say four hikes this year is a 'close call'.

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