Goldman Says Stock Market Sell-Off Will Soften Fed Rate IncreaseMark Melin
The recent stock market decline may auger for a lighter touch when the U.S. Federal Reserve raises interest rates, a new research piece from Goldman Sachs observes. Considering stock market declines of at least 10 percent, one might anticipate a 15 basis point rate hike rather than a 25 basis point hike, which, the report author contends, will occur in December.
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