SENSEX
NIFTY
GOLD
USD/INR

Weather

image 34    C

Business News

The Economic Times

Business / The Economic Times

details

Goldman Sachs pushes Fed rate hike forecast to December

Goldman Sachs has revised its forecast for the next US interest rate hike from October to December. This change comes after lower-than-expected inflation data was released for August. The personal consumption expenditures price index increased 3.4% annually, falling short of economists' predictions. Market participants are now closely watching the upcoming US nonfarm payrolls report scheduled for release on Friday.

1 Oct 2026 9:44 am