Goldman Sachs expects a 25 bps Fed rate hike next week
- —Goldman Sachs expects a 25 bps Fed rate hike at next week's meeting
- —The reason is market pressure, not a shift in the inflation picture
- —The hike may be a one-off rather than the start of a tightening cycle
- —Prediction markets lowered the probability of rate cuts at upcoming meetings
Why it matters: The Fed rate directly affects liquidity and the price of bitcoin, and the market is awaiting next week's meeting.
Source: Crypto Briefing