Reported 29 days ago
Goldman Sachs chief economist Jan Hatzius indicated that the Federal Reserve may consider a 50 basis point rate cut to support the slowing US economy, but a 25 basis point reduction is more likely. He emphasized that current interest rates are the highest in the G10 despite progress on inflation. The upcoming Fed policy decision on September 18 is highly anticipated, with mixed economic data raising concerns about a softening economy.
Source: YAHOO