Goldman Sachs, JPMorgan, HSBC, and Deutsche Bank all forecast a quarter-point increase at the Fed's Sept. 15-16 meeting after hotter-than-expected inflation data

The consumer price index rose 0.4% in August and 3.4% year-over-year, matching forecasts but keeping inflation well above the Fed's 2% target

Recent inflation figures have exceeded expectations, leading many to anticipate a rate hike from the Federal Reserve. Core consumer prices increased more than what economists…

Goldman Sachs Chief U.S. Economist David Mericle writes that the firm now expects a 25 basis-point hike at next week’s FOMC meeting vs. a hold t...