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Goldman Sachs backs 25bp Fed hike after CPI

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Goldman Sachs now expects a 25bp Fed rate hike on Sept. 16 after August CPI kept annual inflation at 3.4% and futures odds reached 87%.

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Goldman Sachs now expects a 25bp Fed rate hike on Sept. 16 after August CPI kept annual inflation at 3.4% and futures odds reached 87%.