● ImportantWorld2 outlets covering this

Why Goldman Sachs thinks the Fed won’t be hiking interest rates in September

First publishedAug 17, 11:12 UTC
Last updatedAug 17, 13:23 UTC · 2m ago
11 outletInvesting.com · Economy11 outletMarketWatch
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Answer

Goldman Sachs thinks the Federal Reserve will not raise interest rates in September.

Reported by 2 outlets MarketWatch, Investing.com · Economy. See all sources ↓

Goldman Sachs, a big bank, thinks the Federal Reserve will not raise interest rates in September. This is because of recent news about job losses and lower inflation. Most economists agree with this view.

Why it matters

This matters because interest rates affect how much people pay for loans and credit. If interest rates stay low, it can help the economy grow.

In brief
What is Goldman Sachs saying about interest rates?
Goldman Sachs thinks the Federal Reserve will not raise interest rates in September.
Why do economists think interest rates will stay low?
Recent news about job losses and lower inflation is the reason.
What does this mean for the economy?
It can help the economy grow if interest rates stay low.
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Most outlets agree that Goldman Sachs thinks the Federal Reserve will not raise interest rates in September. However, some outlets provide more details about the reasons behind this view.

  • Coverage cardFraming signal
    1Angle
    Scouting report

    Economists think interest rates will stay low due to recent economic data.

    Sources2
    TypeAngle
    MarketWatchciting Goldman Sachs' view
    Investing.com · Economyciting a Reuters poll
Sources (2)
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