Federal Reserve rate hike probability exceeds 86% for September 16 FOMC meeting amid Goldman Sachs and Citi expectations.
Macro & Markets ·
Goldman Sachs and Citigroup analysts expect the Federal Reserve to raise interest rates at its September 16 meeting. Market participants have assigned an 86% probability to a rate hike in the coming week, according to CME FedWatch data.
The elevated probability reflects expectations among traders and investors heading into the FOMC decision. Trump has publicly stated that the U.S. should maintain the lowest interest rates globally, framing monetary policy in competitive terms ahead of the meeting.
The exact magnitude and timing of any rate adjustment, as well as forward guidance from Fed officials, remain to be revealed at the September 16 announcement.