Get the app →
BriefTea logoBriefTea

Every story in sixty words

World · 17 August 2026

Goldman Sachs says September US interest rate rise unlikely

Goldman Sachs says September US interest rate rise unlikely

Goldman Sachs, a major investment bank, believes a US interest rate increase in September is "very unlikely." A weak job market, easing inflation and low retail sales have eased pressure on the central bank, making an immediate rate increase seem too aggressive. Jan Hatzius, the bank's chief economist, stated that inflation would probably continue to get better, a perspective supported by recent weak economic data.

Reported by coindesk.com · How we write briefs

Get the app

Understand this story

What are interest rates? What does this mean for the UK? What is a central bank? Why does the US matter to us?

More briefs

WorldIran's unseen supreme leader urges Gulf countries to fight a shared enemy WorldIceland votes against restarting talks on joining the EU WorldArizona desert deaths of 19 migrants last month hit a two-year record WorldFar-right party wins first lower-house seat in Western Australia WorldMasked Israeli settlers attacked homes in West Bank's Qusra on Saturday WorldCanada installs giant sign after Trump renames Lake Ontario More world stories → Browse all stories →