Goldman expects the Fed to raise rates in October

Goldman now expects the U.S. Federal Reserve to increase interest rates by 25 basis points in October, according to CoinDesk. The forecast points to a shift in Goldman’s expectations and highlights the central bank’s own near-term rate projections, which the firm views as hawkish. The outlook comes as markets assess the likely path of U.S. monetary policy and the potential implications for major financial assets. Goldman’s call is specifically for a quarter-point move at the Fed’s October meeting. No further details on the timing or direction of subsequent policy decisions were provided in the source material.