Goldman Sachs Says Rate Hike ‘Unlikely’ In September – Would It Be Good For Bitcoin?
During the July meeting, the FOMC held rates steady for the fifth consecutive time, leaving them at the same level since the December rate cut. Goldman’s Jan Hatzius said weaker retail sales, jobs, and inflation data made a September rate increase “very unlikely.” CME FedWatch tool showed odds of a September hike fell to 30.6% from 52.2% … Read more