Goldman Sachs Exec Doesnt Expect Interest Rate Cuts In 2024
Goldman Sachs CEO David Solomon
Goldman said they anticipate the Fed to slash rates by 25 basis points beginning in the first three months of next year and deliver additional quarterly rate cuts until
Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal Reserve to cut interest rates this year.
Goldman Sachs economists have dropped expectations for Federal Reserve interest rate cuts in 2025 to four from five previously, with the first reduction not coming until June.
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Two months ago
Two months ago, Goldman Sachs CEO David Solomon said the Federal Reserve was unlikely to cut rates at all in 2025. Now he's predicting one or two cuts this fall as
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Goldman Sachs Exec. Doesn’t Expect Interest Rate Cuts
Goldman Sachs economists previously expected
Following from the larger-than-expected cut, Goldman is now forecasting a longer string of consecutive 25 basis-point cuts from November 2025 through June 2025
Goldman Sachs economists previously expected the first Fed interest rate cut to happen in December 2025. It revamped that outlook in mid-December 2025, saying the