Goldman Sachs Delays US Fed Rate Hike Forecast to December
Goldman Sachs has shifted its forecast for the next US Federal Reserve interest rate hike from October to December following lower-than-expected inflation data for August. The personal consumption expenditures price index rose 3.4% annually, below economists' estimates. Market watchers are now focused on the upcoming US nonfarm payrolls report due Friday for further economic signals.
ET Markets·6h ago

