Goldman Sachs Says Fed Rate Hikes Could Continue Through 2027
Minseung Kang
Summary
- Goldman Sachs Asset Management said persistent inflation in the U.S. could keep the Federal Reserve on a path of rate hikes through 2027.
- Lindsay Rosner said a December rate hike remains the base case despite market concerns surrounding artificial intelligence (AI).
- Goldman Sachs said persistent inflation pressures could lead to additional rate hikes and keep borrowing costs high for an extended period.
Forecast Trend Report by Period
Federal Reserve rate increases could continue through 2027 if U.S. inflation remains stronger than expected.
Walter Bloomberg reported on November 10 that Goldman Sachs Asset Management sees persistently high U.S. inflation prompting the Fed to tighten policy more aggressively.
Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management, said a December rate hike remains her base case despite growing market concerns tied to artificial intelligence.
Goldman Sachs said persistent inflation pressures could extend additional rate hikes through 2027, keeping borrowing costs elevated for a prolonged period.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.