Goldman Sachs expects the Federal Reserve to cut interest rates in September.
BlockBeats News, July 8th, Goldman Sachs expects the Federal Reserve to cut interest rates in September, three months earlier than previously predicted. This shift reflects some early signs that inflation related to tariffs has been milder than expected, while anti-inflation forces—including slowing wage growth and weakening demand—are forming.
The bank's US chief economist David Mericle estimates the probability of a rate cut in September to be "slightly above" 50%, expecting rate cuts of 25 basis points in September, October, and December, with two more cuts in early 2026. Goldman Sachs has also lowered its terminal rate expectations from 3.5%-3.75% to 3%-3.25%.
You may also like
Gainers
Latest Crypto News
「Bull Buddy」 is once again hyping up for a long position, with an average entry price of $31.97.
Kalshi has completed a $1 billion funding round at a $1.1 billion valuation
Coinbob has launched an on-chain address monitoring and copying tool for the Pacifica chain, allowing users to synchronize and earn Pacifica token rewards.
OpenMind is pleased to announce a partnership with Circle to build AI-powered payment infrastructure.
Circle announces Foundation, initial phase aims to enhance financial resilience of small businesses in the U.S.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com