A post by @FirstSquawk on X.

Goldman Sachs now expects the Federal Reserve to raise interest rates twice by 25 basis points each, in December and again in March 2027, revising its prior forecast of a single December increase. The shift adds a second hike to the bank's outlook and extends the tightening horizon into 2027. The call matters because it signals that Goldman sees persistent inflation or resilient growth requiring more policy restraint than previously assumed. Traders will watch upcoming inflation and labor data, along with Fed commentary, for confirmation of whether a March 2027 move gains traction in market pricing.