Goldman Sachs Backs 25bp Fed Hike After CPI

Goldman Sachs backs 25bp Fed hike after CPI

Goldman Sachs now expects a 25bp Fed rate hike on Sept. 16 after August CPI kept annual inflation at 3.4% and futures odds reached 87%.

Bitcoin Stalls After CPI Surge: Is BTC Rally Momentum Losing Steam?

BTC recovered above $79,000 but struggled to sustain momentum after mixed CPI signals. Rate hike odds rose to 85%, while Treasury yields created additional headwinds. Bulls need $80,000 and stronger ETF flows to support a move toward $85,000. Bitcoin — BTC, pushed back above $79,000 after traders absorbed fresh US inflation data. The move followed a sharp dip toward $76,000 before buyers returned. However, the recovery quickly lost some strength…

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 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...