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Goldman Sachs Ups Likelihood of a Third Fed Rate Hike This Year

iconSep 18, 2017 11:31
Source:SMM
Goldman Sachs raised the likelihood of additional interest rate hike by the Fed this year from 55% to 60%.

SHANGHAI, Sept. 18 (SMM) - Goldman Sachs raised the likelihood of additional interest rate hike by the Fed this year from 55% to 60%.

The institution based its opinion on higher inflation in August, which was pushed up by gasoline and rent. 

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