Fed Eyes Another Rate Hike | Durham News

Goldman Sachs is flipping its stance, now predicting another quarter-point interest rate hike as soon as October’s Fed meeting — a hawkish move to crush stubborn inflation, even as energy spikes and global chaos fuel price pressures. The Fed just raised rates to 3.75%-4%, signaling unity in tightening policy to hit the 2% target, while making borrowing costlier for mortgages, student loans, and credit cards. Most Fed officials expect at least one more hike before year-end, with Goldman favoring October over December — keeping markets on edge as policymakers balance economic growth with inflation control.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
[email protected]

This is an automated, high-level news summary based on public reporting.
Sources:
https://www.heraldsun.com/news/business/article317295185.html#storylink=partnerdigest_the

More coverage & latest updates:
https://sources.thednn.ai/daa5fea24e31d62b

Report issues to [email protected].