🚨 Goldman Sachs Updates Fed Rate Cut Outlook
Goldman Sachs has pushed back its expectations for U.S. interest rate cuts. Instead of starting in March, it now expects two 0.25% cuts in June and September.
The bank predicts the Fed’s policy rate will be around 3%–3.25% by the end of 2026. It has also lowered the chance of a recession to 20%, down from 30%.
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