Goldman Sachs predicts Fed rate hike in October

The US Federal Reserve is expected to raise interest rates by a quarter of a percentage point again in October, with the possibility of implementing two more increases in 2026. This comes amid a move toward tighter monetary policy to combat inflation, following a recent hike to the interest rate range of 3.75% to 4.00%. Markets indicate about a 50% chance of another increase in October, and the overall outlook suggests further tightening of fiscal policies in the coming months.

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