Goldman Sachs says the likelihood of a Fed rate hike in September is "very low"
Source:
www.coindesk.com
According to CoinDesk, Goldman Sachs stated that due to weak retail sales and employment data, as well as slowing inflation, the likelihood of the Federal Reserve raising interest rates in September is "very low". Goldman Sachs Chief Economist Jan Hatzius believes that as the economy progresses throughout the year, inflation data is more likely to continue improving rather than deteriorating again. Slowing interest rate expectations may improve the market liquidity environment, providing potential support for risk assets such as Bitcoin.