Loading...
Goldman Sachs has postponed its forecast for the next Fed rate hike from October to December due to weaker than expected inflation data in recent times. Goldman Sachs believes that the Federal Open Market Committee (FOMC) may ultimately determine that there is no need to continue raising interest rates. If the subsequent inflation data continues to ease, the Federal Reserve may ultimately consider it unnecessary to raise interest rates further. If energy prices, demand, or other factors push up inflationary pressures again, the policy path may still be adjusted.