Goldman Sachs: The Fed Is Expected To Start Cutting Interest Rates by the End of June 2024, With Quarterly Cuts Expected To Be 25 Basis Points
08/14 05:05
According to Goldman Sachs economists, the Federal Reserve is expected to begin cutting interest rates before the end of June 2024 and gradually lower rates on a quarterly basis from then on.
Goldman Sachs economists, including Jan Hatzius and David Mericle, wrote in a report last Sunday, "We have lowered our expectations because once inflation approaches its target, we want to normalize fund rates from restrictive levels.
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