Goldman Sachs now expects the U.S. Federal Reserve to raise interest rates three more times this year.
That call comes following the latest inflation data which was released this week.
The bank sees a hike of a quarter of a percentage point each.
Producer prices accelerated in January by the biggest margin in seven months.
Read more here: https://www.foxbusiness.com/economy/goldman-sachs-expects-3-more-fed-rate-hikes-year
