Goldman Sachs has adjusted its outlook on the United States Federal Reserve’s monetary policy, now anticipating a rate cut in the third quarter of 2024. This marks a departure from their earlier projection, which had placed the expected rate cut in the fourth quarter of the same year. The revised forecast suggests a shift in the bank’s assessment of economic conditions, influencing their expectations regarding the timing of potential adjustments to interest rates by the Federal Reserve.
BBW News Desk is the editorial team of BigBreakingWire, a digital newsroom focused on global finance, markets, geopolitics, trade policy, and macroeconomic developments.
Our editors monitor government decisions, central bank actions, international trade movements, corporate activity, and economic indicators to deliver fast, fact-based reporting for investors, professionals, and informed readers.
The BBW News Desk operates under the editorial standards of BigBreakingWire, prioritizing accuracy, verified information, and timely updates on major global developments.
Be First to Comment