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Goldman: Fed not likely to pursue aggressive rate hikes

Goldman’s Kay Haigh said the Fed has signaled it does not envisage an aggressive tightening cycle, noting most FOMC members had penciled in just one more rate increase.

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Kay Haigh, global head of fixed income and liquidity solutions at Goldman Sachs Asset Management, said the Fed has signaled it does not at this stage envisage an aggressive tightening cycle, pointing to how the majority of FOMC members penciled in just one more rate increase this…