Key Takeaways Goldman Sachs moved from a hold call to a 25-basis-point hike for Sept. 16 after August core CPI hit 0.3%. CME Fedwatch odds for a September increase climbed from roughly 69% to 86.5% within hours of the data. Bitcoin’s 50-day average crossed above its 200-day line on Sept. 11, then slipped back under the same day. The Reversal As recently as July 31, Goldman Sachs was the loudest institutional voice arguing the Fed would sit still. The bank expected rates to stay unchanged for the remainder of the year, reading Chair Kevin Warsh’s remarks as less hawkish than …

