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Wall Street banks, including Goldman Sachs and Morgan Stanley, are rethinking the 'one-and-done' Fed hike after the hawkish September meeting, with many now expecting another 25bp hike
Following the Federal Reserve's hawkish September meeting, several banks, such as NatWest, Rabobank, Swedbank, and Commerzbank, are now forecasting an additional rate hike or fewer rate cuts. The median analyst forecast still anticipates one more 25 basis point hike, with views split between October and December. However, Citi, ING, and SEB maintain that September's hike was the final one.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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