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Goldman Sachs "US Fed Expected to Cut Rates by 25bp Each in June and December This Year"

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JH Kim
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  • Goldman Sachs reported that the US Fed is expected to cut rates by a total of 50bp this year.
  • This is a reduction from Goldman Sachs' previous forecast of 75bp.
  • They also noted that the Fed is expected to cut rates by 25bp each in June and December, highlighting the need for attention.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

According to Bloomberg on the 10th (local time), Goldman Sachs stated, "The Federal Reserve (Fed) is expected to cut rates by a total of 50bp this year," adding, "The previous forecast was 75bp." They also added, "The Fed is predicted to cut rates by 25bp each in the meetings in June and December."

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