The Zhitong Finance App learned that Goldman Sachs released a research report saying that in line with the compromise plan to raise interest rates every other night (28th), the Federal Reserve Open Market Committee (FOMC) kept the federal funds rate unchanged at the October meeting held every other night (28th); the bank continues to expect the second and last rate hike in December, keeping the federal funds rate target range of 4% to 4.25%, but if inflation is higher than expected, it is still possible to raise interest rates for the third time in March next year.

According to the bank, Chairman Walsh made a balanced comment, pointing out that although the economy and labor market are still strong, inflation expectations are moving in the right direction, and recent policy austerity has begun to bear fruit. Additionally, Walsh announced that the Policy Working Group will submit a report before the end of the year for review in the first quarter of 2027, while the future schedule will allocate specific meetings entirely to broad monetary strategies without voting on federal funds rates.

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