Goldman Sachs Now Expects No Rate Hike in March Due to Stress | ATAF - All True American Friendship 🇺🇸 🤝 🇺🇸 ️🤝 🇺🇸

Goldman Sachs Now Expects No Rate Hike in March Due to Stress in US Banking System

Goldman Sachs has revised its U.S. interest rate forecast due to “stress in the banking system.” The global investment bank no longer expects the Federal Reserve to raise interest rates at its Federal Open Market Committee (FOMC) meeting in March after the central bank announced measures to rescue depositors of failed Silicon Valley Bank and Signature Bank.

In light of the stress in the banking system, we no longer expect the FOMC to deliver a rate hike at its next meeting on March 22.

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