September Fed interest-rate increase is 'very unlikely,' Goldman Sachs says

Soft economic data has Goldman Sachs doubting a September rate increase, offering good news for bitcoin bulls.

Goldman Sachs said a September Federal Reserve interest-rate increase is “very unlikely.”
The bank’s chief economist, Jan Hatzius, said inflation is likely to keep improving, and current market expectations for the federal funds target rate remain too hawkish.
Bitcoin is trading around $63,600, up about 1% today.

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As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.