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المشهد العربي
Goldman Sachs: US rate hike fears overstated
According to Goldman Sachs, market expectations regarding a raise in US interest rates are overestimated, based on the slowdown in inflation rates in the world's largest economy. The bank does not anticipate the Federal Reserve will increase interest rates at its upcoming September meeting, citing weak retail sales, employment data, and subdued inflation. As a result, market expectations for a rate hike have decreased to 30% from 50% previously.
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