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Monday, 2 November 2026

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Goldman pivots, now forecasts Fed rate hike in October

Goldman Sachs now expects the Federal Reserve to raise its benchmark interest rate again in October, a 180-degree pivot from its earlier call for a September hike followed by a pause.

When Is The FOMC Meeting Today?

The Federal Reserve will announce its FOMC interest rate decision today at 2:00 PM ET. Fed Chair Kevin Warsh holds his press conference shortly after, at 2:30 PM ET. Money markets are pricing a more than 90% probability…