Goldman Sachs Says September Fed Rate Hike Is Off the Table
Goldman Sachs is calling a September rate increase very unlikely. Here's what that means for your trades.
Goldman Sachs is putting its chips on the table: a Federal Reserve rate hike in September is "very unlikely." That's not a soft maybe — that's Wall Street's most influential bank telling you to price it out. If you're still holding positions built around a hawkish Fed this fall, it's time to rethink.
The signal matters because Goldman doesn't throw language like "very unlikely" around casually. When their economists make that call, the rates market listens. Expect traders to lean harder into risk assets if this view gains traction. Crypto, equities, and anything rate-sensitive just got a quiet tailwind.
Read more Bill Ackman Holds Mag 7 Stocks but Only Loves Three of Them →
This doesn't mean the Fed is done tightening forever. It means the September meeting is shaping up to be a hold. The Fed has been threading a needle between sticky inflation and a slowing economy, and Goldman apparently sees enough softness to believe policymakers will sit on their hands next month.
For retail traders, the play is straightforward: a pause in rate hikes is historically supportive of both stocks and crypto. Bitcoin and risk assets broadly tend to breathe easier when the cost of money stops climbing. Watch for dollar weakness as this thesis spreads — that's your confirming signal.
Bottom line: Goldman just handed you a directional lean. Use it. Continue reading at CoinDesk.
