Goldman Sachs Asset Management: The Federal Reserve is unlikely to enter a sustained interest rate hike cycle

Goldman Sachs Asset Management stated that it does not expect the Federal Reserve to enter a sustained interest rate hike cycle, with tariff and energy price pressures easing, the economy showing almost no signs of overheating, and inflation expectations remaining anchored. The dot matrix of last week's Federal Reserve meeting showed that there will be another interest rate hike this year, and money market pricing shows that the remaining two meetings of the Federal Reserve this year will cumulatively raise interest rates by 37 basis points. (Source: Golden Ten Data)