Goldman Sachs predicts the Fed will cut interest rates three times by 2025
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Planet Daily News: Goldman Sachs expects the Federal Reserve to cut interest rates by 25 basis points in July, September, and October due to recession risks from tariffs and trade uncertainties. Goldman Sachs Chief Economist Jan Hatzius stated that the Federal Reserve's attitude is more cautious than market expectations. Although the Federal Reserve's threshold for rate cuts is higher than in 2019, Goldman Sachs believes that rising unemployment could still prompt the Federal Reserve to take action, despite high inflation.
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