Goldman Sachs expects Fed to hold in October, hike in December

Goldman Sachs says the Federal Reserve is expected to pause its rate hikes at the October FOMC meeting but may deliver the final hike of the cycle in December. The bank notes financial conditions have tightened about 30 basis points since September, which it says is not enough to substitute for further hikes, and markets should not read the tightening as a signal the hiking cycle is ending.

Detected & updated continuously · Source: Nebula