Jul. 1, 2025
Goldman Sachs Now Sees Three Fed Rate Cuts in 2025 Amid Soft Labor Market
TMTPOST -- Goldman Sachs expects the U.S. Federal Reserve to implement three consecutive quarter-point interest rate cuts this year, citing limited inflation impact from tariffs and signs of labor market weakness. In a note released Monday, the Wall Street firm revised its forecast, now projecting 25-basis-point reductions in September, October, and December—up from its previous estimate of a single cut in December.
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