Goldman Sachs: If the Fed signals a 'one-off rate hike' in September, the market can easily digest this round of rate hikes.

September 14th, Goldman Sachs commented that it expects the Federal Reserve to raise interest rates by 25 basis points in September, but this is mainly because the market is forcing the Fed's hand—not due to a substantial deterioration in the fundamental inflation narrative. If next week ultimately looks more like a "one-off rate hike" rather than the start of a new rate hike cycle, then the stock market should be able to easily digest this situation.