Goldman Sachs Updates Forecast for Fed’s October Interest Rate Decision After Recent Developments
Key Highlights: Goldman Sachs moved its forecast for the Federal Reserve’s next interest rate hike from October to December. August core PCE inflation slowed to 3.0% year on year, below the 3.3% market forecast. Strong US consumer spending could keep pressure on the Federal Reserve despite softer inflation data. Goldman Sachs Delays Federal Reserve Rate ...