As stated previously in Part 1, the FED was already behind the inflation curve.
Goldman Sachs (GS) has also updated its rate hike projections below.
GS is predicting that the US FED will double its tapering speed from US$15B to US$30B per month and also implement 3 rate hikes in 2022. Consequently, the fast and furious moves by the FED will trigger high volatilities in the financial market.
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