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Goldman Sachs and major banks are now calling for a Fed rate hike this week

Photo: Yahoo Finance

What happened

Goldman Sachs, JPMorgan, HSBC, and Deutsche Bank all forecast a quarter-point increase at the Fed's Sept. 15-16 meeting after hotter-than-expected inflation data

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on Yahoo FinanceYahoo Finance
  2. Quartz started reportingQuartz

Sources