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Goldman Sachs' chief economist Jan Hatzius advocates for an interest rate cut in July instead of waiting until September, citing a clear rationale for an early adjustment to avoid politicizing the decision. The call for a July cut is supported by the need to prevent potential political bias in September.
"Why Wait?" - Goldman Says July Rate Cut 'Preferable" To Avoid Political Bias https://t.co/dvOhnbWKil
Goldman Scahs makes the case for a July Fed cut. What's priced in? https://t.co/TiQiYbbl5K
Jan Hatzius and Goldman making the same case I’ve been making for the last few months - the Fed should cut in July to avoid politicizing a potential need to cut in Sept. Via @michaelsderby https://t.co/QV7B5gSDLO