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Goldman Sachs expects the U.S. Federal Reserve to raise interest rates by 25 basis points at its September meeting, joining a growing number of Wall Street firms that see further policy tightening as inflation concerns persist.In a note on Friday, the brokerage reversed its previous call for the Fe…
Goldman Sachs now expects the U.S. Federal Reserve to raise interest rates by 25 basis points at its September policy meeting, reversing its previous forecast for rates to remain unchanged.The Wall Street bank said in a note on Friday that the change was driven less by its economic outlook and more…