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Goldman Sachs pushes Fed rate hike forecast to December

Goldman Sachs has revised its forecast for the next US interest rate hike from October to December. This change comes after lower-than-expected inflation data was released for August. The personal consumption expenditures price index increased 3.4% annually, falling short of economists' predictions. Market participants are now closely watching the upcoming US nonfarm payrolls report scheduled for release on Friday.

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Economic TimesLean R·1h ago
Goldman Sachs pushes Fed rate hike forecast to December
Goldman Sachs has revised its forecast for the next US interest rate hike from October to December. This change comes after lower-than-expected inflation data was released for August. The personal consumption expenditures price index increased 3.4% annually, falling short of economists' predictions. Market participants are now closely watching the upcoming US nonfarm payrolls report scheduled for release on Friday.
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Goldman Sachs pushes Fed rate hike forecast to December

How 1 sources are covering this

Goldman Sachs pushes Fed rate hike forecast to December

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