Goldman Sachs and Evercore ISI Fed Forecasts 75bp Hikes in June and July

Goldman Sachs Chief Economist Jan Hatzius:

• Client note headline: “Revising Our Fed Forecast to Include 75bp Hikes in June and July Following a Hint in the Wall Street Journal”

Evercore ISI Strategist (and former NY Fed EVP) Krishna Guhu

• Client note headline: “WSJ Report Puts Us On Alert for Fed 75BP Hike This Week; We Think Mistake and Bad for Risk”

Source: https://ph.news.yahoo.com/interest-rates-goldman-sachs-235446403.html

Goldman Sachs Chief Economist Jan Hatzius and Evercore ISI Strategist Krishna Guhu both sounded the alarm on the potential 75bp rate hike coming at the June FOMC meeting on Wednesday. This comes after Wall Street Journal's report yesterday that Fed Likely to Consider 0.75-Percentage-Point Rate Rise This Week.

Do you think the Federal Reserve will hold or hike interest rates tomorrow? And how do you think SPY will react?

Hike, SPY up

Hike, SPY down

Hold, SPY down

Hold, SPY up