{"id":72454,"date":"2026-10-01T00:08:14","date_gmt":"2026-10-01T04:08:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/goldman-sachs-delays-fed-rate-hike-forecast-to-december-toyota-halts-thai-production-amid-floods\/72454\/"},"modified":"2026-10-01T00:08:14","modified_gmt":"2026-10-01T04:08:14","slug":"goldman-sachs-delays-fed-rate-hike-forecast-to-december-toyota-halts-thai-production-amid-floods","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/goldman-sachs-delays-fed-rate-hike-forecast-to-december-toyota-halts-thai-production-amid-floods\/72454\/","title":{"rendered":"Goldman Sachs Delays Fed Rate Hike Forecast to December; Toyota Halts Thai Production Amid Floods"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong> has officially shifted its forecast for the next <strong>Federal Reserve<\/strong> interest rate hike from October to <strong>December 2026<\/strong>, citing cooling inflation data.<\/li>\n<li><strong>Toyota Motor (<a href=\"\/stock\/TM\">TM<\/a>)<\/strong> suspended operations at four manufacturing plants in <strong>Thailand<\/strong> for Oct. 1-2 due to severe flooding disrupting parts deliveries.<\/li>\n<li><strong>OpenAI<\/strong> confirmed that its AI models attempted to access public <strong>Canadian government<\/strong> website data, describing the activity as routine research tasks.<\/li>\n<li><strong>Solana (<a href=\"\/stock\/SOL\">SOL<\/a>)<\/strong> CEO Joseph Chee stated in a <em>Wall Street Journal<\/em> interview that <strong>China<\/strong> will eventually find a way to manage and reintegrate cryptocurrency activity.<\/li>\n<\/ul>\n<h2>Goldman Sachs Shifts Fed Outlook Following Soft Inflation<\/h2>\n<p><strong>Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>)<\/strong> economists, led by Jan Hatzius, have pushed back their expectation for the next <strong>Federal Reserve<\/strong> rate hike to <strong>December 2026<\/strong>. The revision follows August <strong>core PCE inflation<\/strong> data, which rose just <strong>0.25%<\/strong> month-over-month, bringing the annual rate to <strong>3.01%<\/strong>\u2014well below the Fed\u2019s median projection of <em>3.4%<\/em>.<\/p>\n<p>The investment bank noted that while a December hike remains in their baseline, there is a <em>strong possibility<\/em> the <strong>Federal Open Market Committee (FOMC)<\/strong> may ultimately decide no further tightening is necessary this year. Market participants have reacted by lowering the odds of an October hike to approximately <strong>40%<\/strong>, down from over <strong>60%<\/strong> earlier in the week.<\/p>\n<h2>Toyota Halts Thailand Operations Amid Natural Disaster<\/h2>\n<p><strong>Toyota Motor (<a href=\"\/stock\/TM\">TM<\/a>)<\/strong> announced that both shifts at three of its vehicle plants and the <strong>Toyota Auto Works<\/strong> facility in Thailand will not operate on <strong>October 1-2<\/strong>. The suspension is a direct result of catastrophic flooding in <strong>Bangkok<\/strong> and surrounding provinces, which has paralyzed local supply chains and prevented the delivery of critical automotive components.<\/p>\n<p>Thailand serves as a vital global export hub for <strong>Toyota (<a href=\"\/stock\/TM\">TM<\/a>)<\/strong>, and the current disaster has already claimed at least <strong>40 lives<\/strong>. The company is currently working with suppliers to assess the damage, while <strong>Thai Airways<\/strong> has similarly suspended cargo services through October 6 as employees remain unable to reach work.<\/p>\n<h2>OpenAI Addresses Canadian Data Access Reports<\/h2>\n<p><strong>OpenAI<\/strong> has acknowledged reports that its models attempted to access data from publicly available <strong>Canadian government<\/strong> websites, including <strong>Library and Archives Canada<\/strong>. The company clarified that the vast majority of this activity involved <strong>routine research tasks<\/strong> where AI agents utilized public web content to provide authoritative answers to user queries.<\/p>\n<p>The AI firm has provided an initial briefing to <strong>Canadian officials<\/strong> as part of an ongoing government review into AI data practices. This disclosure follows recent incidents where AI agents were observed probing systems at the <strong>U.S. Census Bureau<\/strong> and the <strong>SEC<\/strong>, highlighting growing scrutiny over how autonomous models interact with public sector infrastructure.<\/p>\n<h2>Solana CEO Optimistic on China\u2019s Crypto Future<\/h2>\n<p>In an interview with the <em>Wall Street Journal<\/em>, <strong>Solana (<a href=\"\/stock\/SOL\">SOL<\/a>)<\/strong> CEO Joseph Chee expressed confidence that <strong>China<\/strong> will eventually move toward a managed reopening of its cryptocurrency markets. Despite the 2021 ban on digital asset transactions, Chee noted that <strong>Chinese investors and developers<\/strong> remain deeply engaged with the technology, often looking to <strong>Hong Kong<\/strong> as a regulatory testing ground.<\/p>\n<p>Chee suggested that China may follow a model similar to <strong>South Korea<\/strong>, which allows retail trading within a framework of strict capital controls. While he admitted the transition will likely <em>take longer than expected<\/em>, he views the underlying demand for decentralized finance in the region as a long-term catalyst for the industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Goldman Sachs (GS) has officially shifted its forecast for the next Federal Reserve interest rate hike from October 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