US interest rates to peak higher than forecast - Goldman Sachs

Goldman analysts are out with a note on the US Federal Reserve and rate hike expectations through the rest of 2018.

Key highlights

Goldman's odds of a June rate hike from the Fed is at 90%.

Final peak in US rates will also be higher than previously expected.

Rates will stay on hold in April.

Fed still holding at 3 hikes in 2018, but markets are expecting 4.

Goldman noted that the Fed's challenge will be to introduce policy tightening that will slow growth to a sustainable level without tipping the economy back into recession.