Excerpt from Goldman Sachs. Their projection for a Federal Open Market Committee (FOMC) rate cut this year:
- now expect a 75 basis point cut in 2025
- less than the projected 100
- GS say they see a downward trend in core inflation
- GS added 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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