GOLDMAN: US rates hikes are on the agenda

Getty Images With US economy growing above trend, unemployment at just 4.9% and inflationary pressures now moving higher, the US Federal Reserve is now close to meeting its dual mandate on employment and inflation, ensuring rate hikes will be on the agenda at the FOMC’s current policy meeting. That’s the view of Silvia Ardagna, Robin Brooks and Michael Cahill, economists at Goldman Sachs, who suggest that should the FOMC wait too long before lifting interest rates again, “it could run the ...