Forex
globalreutersJuly 9, 20241 Mins read
Goldman Sachs on US, “absolutely a soft landing”, Fed rate cut cycle to begin in September
globalreutersJuly 9, 20241 Mins read An ICYMI from Goldman Sachs Asset Management (GSAM), bullish on Federal Open Market Committee (FOMC) rate cuts ahead. Info comes via Reuters.
- “It’s absolutely a soft landing … as the data comes through, that’s what we’re seeing.”
- expect the Fed to begin cutting in September
- rate cuts could then continue @ 25 basis points per quarter
This article was written by Eamonn Sheridan at www.forexlive.com.
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