Goldman Sachs: Federal Reserve Expected to Keep Rates Unchanged at This Week's Meeting, 31.5% Probability of Hike Priced In

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According to Goldman Sachs analysts, the Federal Reserve is expected to keep the federal funds rate unchanged at this week's meeting. Money markets are pricing in a 31.5% probability of a rate hike, though market consensus still favors no change. How the Fed Chair articulates the decision and future policy path will be critical; insufficient guidance on economic outlook could introduce volatility to the currently stable long-term U.S. Treasury yield curve.
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