Goldman Sachs Asset Management: The Fed is unlikely to enter a sustained rate hike cycle

PANews reported on September 24 that Goldman Sachs Asset Management said in a report that it still does not expect the Federal Reserve to enter a sustained interest rate hike cycle. The agency said: "We believe that tariffs and energy-related price pressures are likely to subside, the economy shows few signs of overheating, and inflation expectations remain anchored." The dot plot of the Fed's meeting last week showed that there will be one more interest rate hike this year. According to LSEG data, money market pricing indicates that the Fed will raise interest rates by a cumulative 37 basis points at the remaining two meetings this year.