Goldman Sachs says Federal Reserve is waiting for further inflation progress to cut again

The Fed held course on Wednesday:

Analysts at Goldman Sachs are still expecting further FOMC rate cuts later this year:

  • easing has not yet completed
  • FOMC is waiting to see further progress on inflation falling

Dates for the year:

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