Goldman Sachs expects Fed to skip October rate hike and hike again in December
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Goldman Sachs expects the Federal Reserve to hold rates at this week's meeting but deliver a second hike in December, stating in a note Monday that FOMC participants appear to have settled on a compromise of raising rates at every other meeting. Still guessing…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA longer tightening path than expected weighs on market expectations for rates and equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Goldman Sachs expects the Fed to hold rates this week and hike in December.
- 02The bank estimates tightening is much less than the four hikes the market had priced.
- 03The FOMC may settle on raising rates at every other meeting.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets