Goldman Sachs Forecasts Additional US Rate Hike in October (feat. BofA)

"Wasn't it over?"... Goldman Sachs forecasts additional US rate hike in Octobern.news.naver.comAs the US Federal Reserve resumes interest rate hikes after a three-year hiatus, major investment banks (IBs), including Goldman Sachs, are collectively forecasting further hikes within the year. According to Reuters on the 17th, Goldman Sachs noted that a majority of members in the Fed's new dot plot expect further hikes within the year
According to the CME FedWatch, the probability of an additional rate hike in October in the interest rate futures market has surged to 52.0%, surpassing the probability of a freeze (48.0%).
Forecasts from other IBs are even more hawkish.
Bank of America (BofA) and Deutsche Bank predict a total of three rate hikes (75bp in total) this year, including consecutive hikes in October and December.