Reported 11 months ago
As the Federal Reserve considers its rate policy amidst economic fluctuations, Goldman Sachs predicts two rate cuts this year, with the first expected in September. Market projections have varied from one to seven rate cuts, with interest-rate futures now pointing to one or two cuts. While some experts anticipate rate reductions, others like Torsten Slok and Larry Summers have differing views, with Summers seeing a 15% to 25% chance of a rate hike. The Fed's upcoming dot plot will provide insight into officials' rate forecasts for the year.
Source: YAHOO