January 06, 2025 at 11:56PM
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 2025
down from projecting 100
GS say they see underlying inflation trending lower
GS 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.
Goldman Sachs trim 2025 Federal Reserve rate cut forecast now expect 75bp (100 prior)