Goldman Sachs Group Inc. strategists raised their forecasts for Japanese shares to reflect updated assumptions that the yen likely won’t strengthen much in coming months.
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Fed unlikely to raise rates in November, says Goldman Sachs(Reuters) - The Federal Reserve is unlikely to raise interest rates at its Oct. 31-Nov. 1 meeting, Goldman Sachs strategists wrote on Saturday, while ...
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Fed unlikely to raise rates in November, says Goldman Sachs'On November, we think that further labor market rebalancing, better news on inflation, and the likely upcoming Q4 growth pothole will convince more participants that the FOMC (Federal Open Market Committee) can forgo a final hike this year, as we think it ultimately will,' the investment bank's strategists wrote in a report. Goldman’s strategists, however, wrote that they expect the Fed's 'dot plot,' which reflects policymakers' interest rate projections and will be updated on Wednesday, to show 'a narrow 10-9 majority still penciling in one more hike, if only to preserve flexibility for now,' they wrote.
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Wall Street Is Coming to Grips With How Wrong It’s Been in 2023Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end targets for the S&P 500 Index.
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Wall Street Is Coming to Grips With How Wrong It’s Been in 2023(Bloomberg) -- Stock-market strategists who were largely wrong about this year’s rally are finally starting to come to face their mistake, raising year-end targets for the S&P 500 Index.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskUltra-Rich Buy Ultra-Luxury Counseling to Get Kids Into HarvardBillionaire Case Bets on Superfast Jet, AI Beyond Silicon ValleyCanada Postpones Trade Mission to India With Tensions On RiseErdogan Says Turkey, EU May ‘Part Ways’ Aft
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Japan Voters Dissatisfied With PM’s Price Policies, Poll ShowsMore than three quarters of Japanese voters are unhappy with Prime Minister Fumio Kishida’s handling of price rises, according to a poll carried out by the Asahi newspaper.
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After castigating video games during riots, France's Macron backpedals and showers them with praisePARIS (AP) — French President Emmanuel Macron is extending an olive branch to video gamers after previously linking computer games to rioting that rocked France earlier this year. Posting on social media platform X, previously known as Twitter, Macron backpedaled on remarks in June where he blamed video games for having “intoxicated” some young rioters. Those comments dismayed some in the gaming community, even beyond France. Japanese game director Kastuhiro Harada tweeted in response that “blam
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