Goldman Sachs moves its call for the next Fed rate hike to December from October
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Goldman Sachs has changed its forecast for the next Fed rate hike from October to December. Yesterday, John Williams, the New York Fed president and a permanent FOMC voter, said one more rate hike this year may be enough, provided the economy develops as expected. However, he see
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4 itemsGoldman Sachs moves its call for the next Fed rate hike to December from October - investingLive
Goldman Sachs drops call for December Fed rate cut
Goldman Sachs has revised its projections for Federal Reserve rate cuts, now anticipating no cuts until June 2027, as indicated in their recent analysis [source]. This shift is primarily influenced by a stronger-than-expected jobs report and persistently low unemployment figures, pointing towards a resilient labor market. The desk interprets this revision as a potential signal of more prolonged monetary policy stability than previously expected, which could keep the dollar stronger against its peers in the medium term. With the Fed currently in a blackout period ahead of next Wednesday's FOMC meeting, traders are cautious but vigilant for the implications of any signals from incoming Fed personnel like Kevin Warsh.
Goldman Sachs pushes Fed rate hike forecast to December - Business Recorder
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