#UPADATE 👋
🚨 FED RATE HIKE ODDS ARE FADING
Goldman Sachs believes a September Fed rate hike is “very unlikely” as U.S. inflation, jobs data, and retail sales continue to show signs of cooling.
📉 Markets may still be pricing the Fed too aggressively, according to Goldman’s chief economist Jan Hatzius.
🔹 September 25bps hike odds: around 30%
🔹 Inflation pressures are easing
🔹 Softer jobs data reduces pressure to hike
🔹 Expectations for the next hike are shifting further out
📈 Why it matters: Lower expectations for aggressive Fed tightening could support risk assets, including stocks and crypto, while also influencing Treasury yields and the U.S. dollar.
All eyes now turn to the September 15–16 FOMC meeting. 👀
#FederalReserve #Fed #GoldmanSachsCrypto #Bitcoin #Crypto #Stocks #Markets$AAPLB
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