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The Economic Times
The Economic Times
Business

Goldman Sachs pushes Fed rate hike forecast to December

Goldman Sachs United States US Federal Reserve Inflation

Goldman Sachs pushed its forecast for the next US interest rate hike to December after a softer-than-anticipated inflation reading cooled expectations the Federal Reserve would hike rates again in October.

The brokerage had previously forecast a 25-basis-point increase in October.

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