CoinDesk·3 min read·medium
September Fed interest-rate increase is 'very unlikely,' Goldman Sachs says
O
Omkar Godbole
✦AI Summary
Goldman Sachs has lowered the probability of a September Federal Reserve interest-rate hike due to cooling inflation and soft economic data. This shift in expectations is viewed as a potential tailwind for Bitcoin, which has been trading in a narrow range.
That's how Goldman Sachs described the chances of a September Federal Reserve interest-rate increase, which provides a potential major tailwind for bitcoin BTC $ 63,580.80 , which has traded in a narrow range since early July.
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