Goldman Sachs updates Fed rate forecast: third rate hike in March next year, rate cut postponed to end of next year.

Disturbed by the U.S. October CPI inflation data, which came in significantly higher than expected, the market's expectations for the Federal Reserve's monetary policy path have been adjusted once again. On Tuesday, Eastern Time, Goldman Sachs Chief U.S. Economist David Mericle released a latest report updating the Fed's interest rate forecast, stating that the Fed will raise rates by 25 basis points in December this year and in March next year respectively, while the tightening cycle will be further prolonged and the timing of rate cuts will be delayed by one quarter.