Goldman Sachs now expects the US Federal Reserve to raise interest rates by 25 basis points in September, reversing its earlier pause forecast. Rising oil prices, stronger producer inflation and shifting market expectations drove the revision.
Goldman Sachs now expects the US Federal Reserve to raise interest rates by 25 basis points in September, reversing its earlier pause forecast. Rising oil prices, stronger producer inflation and shifting market expectations drove the revision.
<iframe src="https://hindustansphere.com/embed/cluster/0b8a050228b2b9251d106b6ce98a34b9d46705e2" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="US Market: Goldman Sachs expects Fed to hike rates amid inflation fears"></iframe>
