Goldman Sachs revises projections for Fed interest rate hikes upward

Goldman Sachs estimates a more aggressive monetary policy stance from the Federal Reserve, pointing to another jumbo increase at the end of this month, a 50 basis points hike in November and 25 basis points in December, according to a report released today and commented by BA&N Unit Reearch. Goldman Sachs estimates that the Fed's interest rate will be near 4% by…