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G Sachs Delays Fed Rate Cut Expectation to Dec, Raises US 2025 Econ Growth Forecast to 1%
Goldman Sachs has pushed back its forecast for the Fed's next rate cut from July to December. In its estimate, there will be three rate cuts in total, but they will be spaced o...
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G Sachs Delays Fed Rate Cut Expectation to Dec, Raises US 2025 Econ Growth Forecast to 1%
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Goldman Sachs has pushed back its forecast for the Fed's next rate cut from July to December. In its estimate, there will be three rate cuts in total, but they will be spaced out every other meeting rather than being done at three consecutive policy meetings.

With the easing of the US-China trade war, Goldman Sachs has also raised its forecast for US economic growth this year by 0.5 ppts to 1% and lowered the probability of a recession within 12 months to 35%.

Related NewsOutstanding Loan Growth YoY for Apr in China is 7.2%, lower than the previous value of 7.4%. The forecast was 7.4%.

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