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Goldman Sachs sees Fed near end of interest rate hikes as fears ease
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(Dan Tri Newspaper) - Although the US Federal Reserve may skip raising interest rates this month, the real cost of borrowing for individuals and businesses is not expected to cool down anytime soon.
Goldman Sachs sees Fed near end of interest rate hikes as fears ease
Americans squeezed by unnervingly high borrowing costs might be closer to the end of the Federal Reserve's latest tightening push, but that doesn't necessarily mean mortgage or other long-term rates will quickly fall. Goldman Sachs chief economist Jan Hatzius now expects just one more…
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