Goldman Sachs: Currently expects the Federal Reserve to cut interest rates by 75 basis points this year
ChainCatcher news, Goldman Sachs economists currently expect the Federal Reserve to cut interest rates by 75 basis points this year, a smaller reduction than the previously expected 100 basis points. This forecast is more dovish than the current market pricing, as the bank believes the underlying inflation rate is on a downward trend. Economists also expressed skepticism about whether potential policy changes under a new Trump administration would lead to an increase in interest rates. (Jin Ten)
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