to start the year, goldman sachs came out and added a december rate hike to their forecast. they had previously been expected hikes in march, june, and september of this year. why is that? it seems to be the superstrong labor market data has made fed officials more sensitive to the risk that inflation turns out to be stronger than expected and less exstensive. lastly, furniture giant i key ha is seemingly ahead of the game here a little bit on dealing with the covid pandemic and they announced they re cutting sick pay for unvaccinated staff who need to self-isolate because of covid exposure and in some cases for workers who test positive.
Goldman-sachs
Forecast
December-rate
Hikes
Superstrong-labor-market-data
June
Officials
Risk
Inflation
Exstensive
Lastly
Pandemic