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. That's how Goldman Sachs described the chances of a September Federa…
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