Goldman Sachs expects Fed to resume rate hikes in December
- —The Fed kept rates at 3.75–4.00% at its October 28 meeting
- —Haigh pointed to above-forecast September inflation as the basis for the call
- —Further tightening is possible in 2027 if energy prices rise or data stays strong
Why it matters: The prospect of another rate hike pressures risk assets, including bitcoin and the broader crypto market.
Source: Bloomingbit