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Goldman Expects Fed to Resume Rate Hikes in December

Goldman Sachs Asset Management fixed-income chief investment officer Kay Haigh told clients the Fed is expected to resume rate hikes in December, citing September's strong CPI print.

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By Jack PitcherThe Federal Reserve's pause in raising interest rates will likely be short-lived, Goldman Sachs Asset Management's fixed-income chief investment officer Kay Haigh wrote to clients after the decision."We expect the Fed to resume rate hikes in December. September's strong CPI print is…