Goldman Sachs: Currently expects the Federal Reserve to cut interest rates by 75 basis points this year

ChainCatcher news, according to Jinshi reports, Goldman Sachs economists currently expect the Federal Reserve to cut interest rates by 75 basis points this year, a reduction from the previously anticipated 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 from a new Trump administration would lead to an increase in interest rates.