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Weekend - Goldman Sachs strategists expect a Federal Reserve spoof at this week's meeting

Goldman Sachs are expecting the Federal Open Market Committee (FOMC)'s 'Dot Polt' to indicate that the majority on the Committee will indicate one more Fed Funds interest rate rise this year. GS write that they expect "a narrow 10-9 majority still pencilling in one more hike"However, say the strategists, this will be:"if only to preserve flexibility for now".That is, to preserve the option of a November rate hike, not to indicate one is likely. Goldman Sachs expects an on-hold funds decision a... Read More

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Posted: Sep 17 2023, 20:25

Author Name: forexlive

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