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Goldman sees 80 percent chance of U.S. December rate hike after September jobs data

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Reuters NEW YORK
Last Updated : Oct 06 2017 | 10:42 PM IST

NEW YORK (Reuters) - Goldman Sachs economists said on Friday they raised their view that the U.S. Federal Reserve would increase interest rates in December following a September jobs report that showed a pickup in wage growth and a drop in jobless rate.

They increased their subjective probability of a rate hike at the Fed's Dec. 12-3 meeting to 80 percent from their previous estimate of 75 percent.

(Reporting by Richard Leong)

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First Published: Oct 06 2017 | 10:28 PM IST

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