Forex
globalreutersJanuary 6, 20251 Mins read
Goldman Sachs trim 2025 Federal Reserve rate cut forecast, now expect 75bp (100 prior)
globalreutersJanuary 6, 20251 Mins read Snippet of info from Goldman Sachs. Their projection for Federal Open Market Committee (FOMC) rate cuts this year:
- now expect 75 basis points of cuts in 2025
- down from projecting 100
- GS say they see underlying inflation trending lower
- GS add that they are skeptical that Trump’s likely policy change will lead to higher interest rates
This article was written by Eamonn Sheridan at www.forexlive.com.
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