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Goldman Sachs: The Fed is expected to keep interest rates unchanged next week and begin to cut interest rates in the remaining three meetings in 2025
Odaily News Goldman Sachs expects the Federal Reserve to keep interest rates unchanged next week and continue to raise interest rates through 2025.
The Fed began cutting interest rates in the remaining three meetings of the year as the slowdown in the job market put pressure on policymakers. Private sector hiring is currently close to stagnation speed and there is a risk of a deeper slowdown; at the same time, consumer spending has stagnated for six consecutive months, which is extremely rare outside of a recession. Goldman Sachs also expects
The Federal Reserve will cut interest rates twice more in early 2026. (Jinshi)
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