Goldman Sachs: Fed Chair Powell Aiming for June Rate Cut, Economists Say

Goldman Sachs economists and market analysts interpret that Chair Powell and a narrow majority of the Committee are aiming for a rate cut at the June FOMC meeting. Economists and financial experts see this as a strong indication that the Federal Reserve is still on track for a rate cut in June, with a focus on not delaying cuts for too long. The consensus is based on Powell's recent press conference and remarks.