Goldman Sachs, JPMorgan Join Banks Forecasting Fed Rate Hike This Week

MacroDigital FinanceCommodity Impact 4
โดย Reuters·US·Read original
Summary · why it matters

Goldman Sachs, JPMorgan, HSBC, and Deutsche Bank are now forecasting a Federal Reserve interest rate increase at this week's Sept. 15-16 meeting, a reversal driven by stronger-than-expected inflation readings and rising oil prices, according to Reuters. The four institutions are aligned on a quarter-point increase, and several see rates staying higher for longer as the Fed pursues its 2% inflation target. Market odds of a hike this week stood at roughly 88% to 89%, compared with 67% to 70% before last week's inflation data. August inflation data came in hotter than anticipated, with a closely watched gauge of core prices notching its biggest monthly jump in four months, while crude oil crossed $100 a barrel as hostilities in the Middle East intensified. JPMorgan economists led by Michael Feroli said the prior week featured rising bond yields and energy prices and a firm enough set of inflation readings to make a rate hike more likely than not, and the bank raised its estimate of the long-run policy rate to 3.25%. Goldman Sachs maintained its outlook for two Fed rate cuts in 2027, though pushed back from its earlier timeline, after having called a September increase very unlikely as recently as last month, when CME FedWatch data put the odds at around 30%.

Impact on stocks 4

Financials▲ · 3 stocks
Goldman Sachs Group Inc
GS
± MixedMonetaryrelevance

Goldman joined peers forecasting a quarter-point Fed hike this week, a monetary-policy call that is neither clearly positive nor negative for the bank.

HSBC Holdings PLC
HSBA
± MixedMonetaryrelevance

HSBC is among the banks now forecasting a quarter-point Fed rate increase at this week's meeting.

Digital Finance & Tokenization▲ · 1 stocks
JPMorgan Chase & Co
JPM
± MixedMonetaryrelevance

JPMorgan economists led by Feroli forecast a Fed rate hike and raised their long-run policy-rate estimate to 3.25%.

© 2026 MarketDXNews