FED Raises Interest Rates, Citi and Goldman Sachs Update Their Forecasts! Is a Rate Cut Possible?
Following yesterday's rate hike, Goldman Sachs expects the Fed to raise its policy rate by another 25 basis points in October. While tensions surrounding the Clarity Act continue in Bitcoin and altcoins, the Fed yesterday raised its policy interest rate by 25 basis points to the 3.75-4.00% range, as expected.