CoinScoopGoldman Sachs report: FOMC raises rates by 25 bps, signals potential for another hike this year
The Federal Reserve raised the federal funds rate target range by 25 basis points to 3.75-4.00%, the first hike since July 2023. Goldman Sachs noted in a September 16, 2026, report that the FOMC's median dot plot suggests one additional rate hike within the year. The committee cited persistent inflation and robust economic activity as reasons for continued tightening, with long-term interest rate expectations rising to 3.25%.
Summaries are written by AI from the original article. Not investment advice.