Goldman Sachs Pushes Fed Rate Hike Call From October to December

The revised timing reflects how softer inflation prints are reshaping the policy path rather than just delaying it, with the possibility of no further hikes now openly acknowledged by a major bank. That matters most for rate-sensitive corners of crypto and tokenized real-world assets, where the hurdle for holding yield-bearing instruments shifts with every change in the expected terminal rate. The open question is whether the incoming data continues to validate the delay or forces another revision in either direction.