Goldman Sachs Steepens US Rates Outlook

Goldman Sachs Steepens US Rates Outlook
The logo for Goldman Sachs on the trading floor at the New York Stock Exchange (NYSE) in New York on Nov. 17, 2021. Andrew Kelly/Reuters
Reuters
Updated:

SINGAPORE—Goldman Sachs expects a steeper path for U.S. rate rises and a 75 basis point hike this month, as Federal Reserve officials have been sounding hawkish recently, the investment bank’s analysts said in a note.

They had previously forecast a 50 bps hike in September.