Goldman expects another Fed rate hike in October; BTC steady near $76,000
5 Articles
5 Articles
(Seoul = Yonhap News) Reporter Jung Joo-ho = Goldman Sachs plans to raise the benchmark interest rate by an additional 0.25 percentage points in October following hawkish signals from the U.S. Federal Reserve (Fed)...
US Market: Goldman Sachs sees Fed raising rates again in October
Goldman Sachs now expects the US Federal Reserve to raise interest rates by another 25 basis points in October, revising its earlier view that the central bank had completed its tightening cycle after a September rate increase.
📈 US futures indices rose following the Fed's first interest rate hike since 2023, while Goldman Sachs announced it expects another hike in October. 🪙 Bitcoin held steady around $76,000, while gold recovered after a three-day decline. 🛢️ Pressure on Brent oil continued amid expectations that supply disruptions in the Middle East may ease. 🌐 Trump's decision to exclude Canadian products from public procurement reignited trade tensions. Read M…
Goldman predicts new high Fed interest in October; Fed rose the rate to 3.75% to 4.00% and traders see more than 50% chance of further increase
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