Goldman Sachs sees low odds of a sustained Fed rate-hike cycle

Goldman Sachs Asset Management does not expect the Federal Reserve to enter a sustained rate-hike cycle, BlockBeats reported. The firm said inflation pressures tied to tariffs and energy prices could ease, there are few signs of overheating in the U.S. economy, and inflation expectations remain stable.

Still, the Fed’s dot plot released last week showed one additional rate hike this year. According to London Stock Exchange Group data, interest-rate futures markets are pricing in a total of 37 basis points of hikes across the two remaining FOMC meetings this year.

Source: Coinness