Goldman Sachs Expects 25bp Fed Hikes In Dec And Mar 2027, Versus Previous Forecast Of One Hike In Dec

Goldman Sachs economists expect the Federal Reserve to deliver a third 25bp rate increase in March this cycle, after hotter-than-expected October CPI data. They still expect a quarter-point increase in December, with March's hike taking rates to a peak of 4.25%-4.50%. Softer inflation readings coul…