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http://fortune.com/2017/11/20/goldman-sachs-federal-reserve-interest-rates-2018/

 

 

By REUTERS 
November 20, 2017

(NEW YORK) – Goldman Sachs said it expects a tight U.S. labor market and more normal inflation picture will lead the Federal Reserve to hike interest rates four times next year.

“The U.S. economy heads into 2018 with strong growth momentum and an unemployment rate already below levels that Fed officials view as sustainable,” Goldman‘s economists wrote in note.

Four hikes are more than Wall Street has been expecting for 2018. In a Reuters poll, Wall Street’s top banks saw the Fed raising borrowing costs three times in 2018.

 

Interest rates drive currencies, useless technical analysis does not move price.

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