Goldman Sachs Group: Market expectations for the Fed's interest rate hike are too hawk, and the September rate hike is extremely low

According to the Goldman Sachs Group, the market's expectations of the Fed's interest rate hike were too radical. In his report, Jan Hatzius, Chief Economist of Goldman Sachs, noted that the Fed was extremely unlikely to increase interest rates at the September meeting due to weak retail sales data, disappointing employment data and a continuing slowdown in inflation data. The data show that the market has postponed the next Fed interest rate increase for 25 basis points to January next year。