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The market is underpricing 2019 Fed hikes: Goldman Sachs’ Jan Hatzius

Amid tightening financial conditions, Goldman Sachs has revised its Fed hike forecast for 2019 from four to one-to-two times and believes the current futures market is underpricing the potential for rate increases. Jan Hatzius, chief economist at Goldman Sachs, explained in a media briefing Tuesday afternoon in Hong Kong that despite the downward revision, the bank is still “more hawkish”…

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