Goldman Sachs Make HUGE Interest Rate Shift | New Federal Reserve Chair Incoming?
3 min readNov 1, 2021
This week is a busy one for central banks. We’ve got the US Federal Reserve, the Bank of England and the Reserve Bank of Australia, along with some other relatively minor ones. Changes are likely to happen, with the Federal Reserve expected to announce their tapering, and the Bank of England potentially raising rates.
The issue for the Federal Reserve is that inflation is well above their target and they see it as more persistent now, but they originally wanted to see the employment situation…