Lloyd Blankfein: “Near the End of Tightening Cycle”

“It might seem like forever, but obviously it won’t be forever,” said Lloyd Blankfein, former Goldman Sachs chairman and CEO, regarding the Federal Reserve’s series of interest rate increases. Speaking on Marcus & Millichap’s latest webcast, Blankfein continued, “These are all cycles and we’re getting near the end of this one. We’re certainly near the end of the tightening cycle and we’re near the end of the effect of the tightening cycle.”