Goldman Sachs Stops at 16% for S&P 2022 Target as FED Shows Signs of Rate-Hike Slowdown

Per Reuters

Goldman Sachs adjusts its 2022 target for the S&P 500 by 16% as the US Federal Reserve shows signs of slowing down its rate hikes.

Analysts at the bank are expecting interest rates by the central bank to be higher than previous estimates.

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