Business
US Market: Goldman Sachs expects Fed to hike rates amid inflation fears
Reported by Vivek Joshi (Copy Editor) · Economic Times - Markets ·
Representative image · Wikimedia CommonsUS Market: Goldman Sachs expects Fed to hike rates amid inflation fears. 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.
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