Markets
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Goldman Sachs now expects Fed to hike rates in September
- The Wall Street bank said in a note on Friday that the change was driven less by its economic outlook and more by financial market pricing
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Goldman Sachs now forecasts a 25 basis point Fed rate hike in September, reversing its previous stance due to prevailing market expectations.
Read the full article for:
- Goldman Sachs' revised Fed rate hike prediction.
- Market expectations driving the forecast change.
- The Federal Reserve's September policy meeting.
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Goldman Sachs now expects the US Federal Reserve to raise interest rates by 25 basis points at its September policy meeting, reversing its previous forecast for rates to remain unchanged.
The Wall Street bank said in a note on Friday that the change was driven less by its economic outlook and more by financial market pricing, with investors largely expecting a rate increase.
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