Goldman Expects December Rate Hike -- WSJ
Dow Jones2026/10/28 18:16By Jack Pitcher
The Federal Reserve's pause in raising interest rates will likely be short-lived, Goldman Sachs Asset Management's fixed-income chief investment officer Kay Haigh wrote to clients after the decision.
"We expect the Fed to resume rate hikes in December. September's strong CPI print is a reminder that upside inflation risks remain, and the Fed is likely to look to take out further insurance," Haigh said. "Another increase in energy prices or further strong data prints could bring additional tightening into play next year."
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
October 28, 2026 14:16 ET (18:16 GMT)
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