By Townhall Chicago News Staff
Goldman Sachs economists expect the Federal Reserve to raise interest rates in December and again in March, following October inflation data that showed little improvement.
The forecast comes after the October consumer price index failed to show the cooling that some economists had expected, according to the Goldman Sachs note.
A quarter-point increase is anticipated at each of the two meetings, according to the forecast. Additional details of the forecast were not immediately available.
