Goldman Sachs Expects Another Fed Rate Hike in October

The signal here is about sequencing rather than any single meeting: Goldman is treating back-to-back hikes as the default rhythm again, which matters for every duration-sensitive market, from long-dated Treasuries to rate-sensitive crypto and tokenized yield products. The Fed's own language about acting "more promptly" is doing the heavy lifting in that call. Whether that framing survives the next round of inflation data, and whether the October meeting stays the consensus pick, is the open question.