Market-Implied Path of the Fed Funds Rate

Market-Implied Path of the Fed Funds Rate Markets are pricing almost 3 rate hikes from the Fed by the end of 2023. Image: Goldman Sachs Global Investment Research

Interest Rates – Fed Funds Rate

Interest Rates – Fed Funds Rate Goldman Sachs expects the federal funds rate to rise in early 2025. Image: Goldman Sachs Global Investment Research

Fed Funds Futures Curve (Interest Rates)

Fed Funds Futures Curve (Interest Rates) For the first time, traders are starting to price in negative U.S. interest rates for first time. Image: The Daily Shot – The Wall Street Journal

Fed Funds Future

Fed Funds Future The Federal Reserve also sees near-zero interest rates lasting through 2022 to curb economic damage of the coronavirus. Image: Goldman Sachs Global Investment Research

Fed Funds vs. Employment/Population + Inflation

Fed Funds vs. Employment/Population + Inflation This chart suggests the optimal monetary policy, while Fed officials do not anticipate any rate hikes until 2022. Image: Oxford Economics