Goldman Sachs Forecasts October Federal Reserve Rate Hike
Analysts at Goldman Sachs expect the U.S. Federal Reserve to raise interest rates by another 25 basis points in October. The bank revised its forecast following the recent rate increase to 3.75-4% and ongoing inflationary pressure. Market participants currently estimate a 57% probability for an October hike.
Summaries are written by AI from the original article. Not investment advice.