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MARKETS-ECONOMIC TIMES · INDIAN ·

Goldman Sachs pushes Fed rate hike forecast to December

As reported by Markets-Economic Times
Goldman Sachs has revised its forecast for the next US interest rate hike from October to December. This change comes after lower-than-expected inflation data was released for August. The personal consumption expenditures price index increased 3.4% annually, falling short of economists' predictions. Market participants are now closely watching the upcoming US nonfarm payrolls report scheduled for release on Friday.
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