Goldman Sachs economists see the Federal Reserve raising interest rates until 2023 to a range of 4.25% to 4.50% and then holding there for a year as they fight inflation.
Seaport Securities founder Teddy Weisberg and Carnivore Trading CEO Dutch Masters reveal what stocks they're buying as inflation continues to be problematic on"The Claman Countdown."
The bank's economists — led by Jan Hatzius — predicted in an analyst note on Monday that the U.S. central bank will raise interest rates four more times between now and the end of 2023, eventually holding them at a range between 4.25% to 4.50% until 2024. Goldman Sachs then predicted that the Fed will deliver back-to-back half-percentage point increases in November and December, followed by one quarter-percentage point hike in 2023 and one rate cut in 2024.
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