Goldman Changes Mind, Now Interest Rates Rising In DecemberMark Melin
Arguably the world’s most influential investment bank has changed its mind, as is its prerogative. The U.S. Federal Reserve should not raise interest rates in September, as Goldman Sachs had previously said, nor will there be two rate hikes in 2015. Goldman’s Jan Hatzius and Zach Pandl said they think “a December liftoff date is both more likely and better policy than September . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible