World · 17 August 2026
Goldman Sachs says September US interest rate rise unlikely
Image by thapmaneek on Freepik
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