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 […]
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.
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