Goldman Sachs trim 2025 Federal Reserve rate cut forecast, now expect 75bp (100 prior) ...Middle East

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Goldman Sachs trim 2025 Federal Reserve rate cut forecast, now expect 75bp (100 prior)

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 2025down from projecting 100GS say they see underlying inflation trending lowerGS 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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