Traders on the floor of the New York Stock Exchange (NYSE)
Traders.
  • The Federal Reserve could lift interest rates by another 75 basis points in total this year, Goldman Sachs says.
  • The bank's chief economist suggested the Fed might raise rates at its March, May and June meetings to beat inflation.
  • Further rate hikes could rattle investors and undercut the rally in US stocks this year.

The Federal Reserve could lift interest rates three times this year in a bid to curb inflation, according to Goldman Sachs' chief economist – and that could turn up the pressure on stocks. 

Goldman's Jan Hatzius told Bloomberg he expects the Fed to raise rates by 25 basis points at its March, May and June meetings. The US central bank may be worried the economy is on the verge of growing too hot, he said.