Goldman Sachs Reiterates December Rate Logic, Likes Election Year Rate Hike

Forget a September rate hike, says Goldman Sachs economic minds Jan Hatziu and Zach Pandl. They are not only focused on December, but they are looking towards 2016 as a point to withdraw the needle of dependency.

Goldman paints a negative economic picture to a degree

When looking at the economic “dot plot,” a concept that seems to have been steadily beaten down by bank analysts, Hatzius and Pandl believe the tea leaves the Fed will light up on Thursday will most likely point to a December liftoff.

“We...