Goldman Sachs has announced that it sees a solid rationale for the Federal Reserve to cut interest rates at their upcoming July 30-31 meeting. Economists at Goldman Sachs highlighted volatility in monthly inflation as a key reason for the potential July rate cut. Despite this, Goldman Sachs maintains its baseline forecast for a rate cut in September. Goldman’s chief economist mentioned that they expect adjustment cuts to start soon.
⚠️ GOLDMAN SACHS SEES A 'SOLID RATIONALE' FOR THE U.S. FEDERAL RESERVE TO CUT INTEREST RATES AS EARLY AS THE JULY 30-31 MEETING; MAINTAINS ITS BASELINE FORECAST FOR A SEPTEMBER RATE CUT
Goldman Sachs Says Federal Reserve Has ‘Sold Rationale’ For Rate Cut In July
GOLDMAN SACHS SEES A 'SOLID RATIONALE' FOR THE U.S. FEDERAL RESERVE TO CUT INTEREST RATES AS EARLY AS THE JULY 30-31 MEETING; MAINTAINS ITS BASELINE FORECAST FOR A SEPTEMBER RATE CUT