Finance5h ago
US 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.
This story was originally reported by Economic Times โ Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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