Goldman Sachs expected the US Federal Reserve to raise interest rates during its upcoming meetings, specifically starting from the next March meeting. The Fed may decide to raise rates 4 times during March, June, September and December.

The US investment bank suggested that the US Federal Reserve would start reducing the balance sheet during July, and this path of the US Fed may be more than what the bank expects at present.

The experts at Goldman Sachs indicated that it is expected that there will be another increase in US inflation during the coming period due to the Omicron and the continued growth of wages in the coming period, and this represents one of the catalysts for tightening monetary policy by the US Federal Reserve.

It is noteworthy that Mary Daly, Governor of the US Federal Reserve Bank in San Francisco, described inflation as high. It was time for the US Federal Reserve to begin removing some of the stimuli in its monetary policy.

And Daly added in an interview with PBS NewsHour, reported by Reuters, that the rate hike is coming, and it may be next March.