Goldman Sachs’ Hatzius still thinks 4 Fed rate hikes coming this year

Jan Hatzius, Chief Economist at Goldman Sachs is out on the wire now, speaking on the Fed rate hike prospects for 2018 among other issues, in an interview with Bloomberg TV.

Key Points:

Still thinks 4 rate hikes coming this year - nothing he has seen to change his view.

Not seeing spillover effects from equity market falls.

Financial conditions till easier than they were in early 2017.

We will probably see us wage acceleration gradually.

See no change to BoJ YCC in 2018.

May see a change in 2019 to BoJ YCC, but will be gradual.

Japan inflation still well below target.

Expect a US-China trade war to be averted.