Goldman Sachs "US Fed Expected to Cut Rates by 25bp Each in June and December This Year"
JH Kim
- 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." 
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.PiCK News
US January ISM Non-Manufacturing PMI 52.8…"Below Expectations"
57 minutes ago
US January Service PMI Final at 52.9, Slightly Exceeds Market Expectations
1 hours ago
US Job Market Starts Strong This Year... Will Fed's 'Cautious Rate Cut' Gain Momentum?
1 hours ago
U.S. January ADP Nonfarm Employment at 183,000... Far Exceeds Wall Street Expectations
2 hours ago
Today, Major Exchanges See Inflow of 130 Billion USDC... "4 Times the Average Annual Daily Inflow"
4 hours ago
Ranking News