Bitcoin

Goldman Sachs Flips to a Rate Hike as Bitcoin’s Price Stalls Under $80,000

Goldman Sachs abandoned its forecast that the Federal Reserve would hold rates through 2026 and now expects a 25-basis-point increase next week, days after a hotter-than-expected inflation print pushed hike odds above 86%. The Reversal As recently as July 31, Goldman Sachs was the loudest institutional voice arguing the Fed would sit still. The bank…

Goldman Sachs office.Goldman Sachs abandoned its forecast that the Federal Reserve would hold rates through 2026 and now expects a 25-basis-point increase next week, days after a hotter-than-expected inflation print pushed hike odds above 86%. The Reversal As recently as July 31, Goldman Sachs was the loudest institutional voice arguing the Fed would sit still. The bank […]

Source: https://news.bitcoin.com/crypto-news/goldman-fed-rate-hike-september-bitcoin-golden-cross/