[Goldman Sachs: One-Third Probability of Fed Rate Hike, Potentially the Biggest Non-Cut Surprise Since 1997] BlockBeats News, July 29, Goldman Sachs stated that with the interest rate futures market currently pricing in a one-third probability of a Federal Reserve rate hike today, regardless of the Fed's final decision, it would mark the biggest 'surprise' in a non-rate-cut meeting since 1997. If the Fed raises rates, it would be 'the biggest meeting-day surprise outside of a rate cut since the Fed began issuing statements announcing policy rate changes.' [Original Link]