United States, 11 November 2026 – The Goldman Sachs Group, Inc. now expects the United States Federal Reserve to raise its policy rate by another 25 basis points in March 2027, after previously expecting the cycle to end in December 2026. The bank revised its forecast after the 10 November inflation report showed that core consumer prices rose 0.3% in October from the previous month. This is Goldman Sachs’s forecast, not a decision by the central bank.
The change matters to Asian companies and investors that borrow in US dollars or price assets against US interest rates. An extra increase would keep short-term dollar funding costs higher than under the bank’s previous forecast, and Goldman Sachs also pushed back the date it expects rate cuts to begin. How much of that difference reaches businesses will depend on market pricing, loan terms and the way companies manage their currency exposure.
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