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News · ▼ Bearish · 1 source confirmed · 2026-09-17 15:42 UTC

WALL STREET RETHINKS “ONE-AND-DONE” FED HIKE The Fed’s hawkish September meeting is pushing several banks to add another hike or reduce expected rate cuts, including Goldman Sachs, Morgan Stanley, NatWest, Rabobank, Swedbank and Commerzbank. The median analyst forecast still se

Why now

Thesis: Banks add hikes, cutting rate-cut expectations

Catalyst to watch: Fed dot plot or guidance

Main risk: Data shifts back to cuts

Why it matters

Banks adding hikes or cutting rate-cut expectations implies higher-for-longer rates, pressuring duration and equity multiples.

Details

WALL STREET RETHINKS “ONE-AND-DONE” FED HIKE The Fed’s hawkish September meeting is pushing several banks to add another hike or reduce expected rate cuts, including Goldman Sachs, Morgan Stanley, NatWest, Rabobank, Swedbank and Commerzbank. The median analyst forecast still sees one additional 25bp hike, although views are split between October and December, while Citi, ING and SEB maintain that September was the final hike.

Related assets & topics

Goldman Sachs · GSING Groep · INGBanksFederal ReserveInterest RatesTreasury Bonds

Sources

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