Goldman Sachs expects a 25 bps Fed hike to 3.75–4.00%
- —Goldman expects a 25 bps Fed rate hike
- —The target range is 3.75–4.00%
- —The decision will be made at this week's FOMC meeting
- —Core inflation is barely changing, according to the bank
Why it matters: A rate hike will increase pressure on risk assets, including bitcoin and the crypto market.
Source: Seeking Alpha Crypto