Goldman Sachs Revises Forecast: Anticipates US Federal Reserve Rate Cut in Q3 2024, Shifting from Previous Q4 Projection
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.
Stay informed with our financial updates, stocks, bonds, commodities. Get global & political insights. Follow us & enable notifications for the latest updates.