The Fed will likely raise interest rates 5 more times by the end of 2019 (Goldman Sachs)

Goldman Sachs believes that the Fed will likely raise interest rates five more times by the end of 2019.

"We continue to anticipate another five rate hikes by the end of 2019, with upside risks. President Powell's comments and lessons from past cycles suggest that risk could take the form of either a faster pace of increases if inflation surprises us in an upwards direction, or a longer cycle of increases if growth and employment remain stronger than expected for 2020."