Goldman Sachs just killed the September rate hike narrative.
Their take: Fed's done hiking. Jobs cooling, inflation slowing, consumer spending weak. Market's still pricing in too much tightening.
Translation: Rates staying flat longer than most expect.
This is bullish for risk assets. When the Fed pauses, liquidity finds its way into crypto. Watch $BTC and alts if this holds.
Don't fade the macro shift.
Their take: Fed's done hiking. Jobs cooling, inflation slowing, consumer spending weak. Market's still pricing in too much tightening.
Translation: Rates staying flat longer than most expect.
This is bullish for risk assets. When the Fed pauses, liquidity finds its way into crypto. Watch $BTC and alts if this holds.
Don't fade the macro shift.