banner image

Category: Forex News

ICYMI (posted Monday) – Goldman Sachs predicts three Fed rate cuts in 2024

An ICYMI from a post on Monday, this change from GS is getting some attention:

GS cited

banner image
  • “The recent uptick in US inflation—we expect 0.29% mom for February core PCE, up from a 0.13% average in Q4—has prompted us to soften our baseline Fed call to three 25bp cuts this year (vs. four previously) in June”

The Federal Open Market Committee (FOMC) meet this week, the statement is due at 2pm US Eastern time on Wednesday, 20 March 2024:

Earlier previews:

This article was written by Eamonn Sheridan at www.forexlive.com.


Source link


Discover more from BIPNs

Subscribe to get the latest posts to your email.

banner image

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Share your opinion. And leave a reply within the comments from below.


Discover more from BIPNs

Subscribe to get the latest posts to your email.