Goldman Sachs has trimmed the odds of the U.S. Federal Reserve raising interest rates next week, noting the absence of a clear indication that the central bank's rate-setting group was set to tighten policy.
Goldman cut the subjective odds of an interest rate hike to 25 percent from 40 percent previously, while raising the odds that the next increase will come at the December meeting to 40 percent from 30 percent previously, the bank's economists led by Jan Hatzius said in a note.
The new assessment from Goldman came after Fed Governor Lael Brainard warned on Monday against moving too quickly on rate hikes. Her comments followed a flurry of Fed speakers who in recent days had offered divergent views on the outlook for monetary policy.
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