Goldman Sachs expects two Fed hikes, possibly another in March 2027
FROM THE WIRE · FINANCE.YAHOO.COM
This article first appeared on GuruFocus. Goldman Sachs (NYSE:GS) is warning that the Federal Reserve could raise interest rates again in March 2027, extending its tightening campaign beyond December as stubborn inflation threatens to keep borrowing costs elevated. The revised…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishPossible further Fed hikes weigh on technology, homebuilders and rate-sensitive stocks.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Goldman Sachs expects a 25-basis-point hike in December and another in March 2027.
- 02The federal funds range could reach 4.25%-4.50%, with the second hike possibly as early as January.
- 03The revision follows October's hotter-than-expected consumer inflation data.