Goldman Sachs now expects Fed to hike rates in September
TLT•Goldman Sachs changes September Fed forecast
Sept 13 (Reuters) - 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 by financial market pricing, with investors largely expecting a rate increase.
