Snippet of info from Goldman Sachs. Their projection for Federal Open Market Committee (FOMC) rate cuts this year:
- now expect 75 basis points of cuts in 2025
- down from projecting 100
- GS say they see underlying inflation trending lower
- GS add that they are skeptical that Trump’s likely policy change will lead to higher interest rates
This article was written by Eamonn Sheridan at www.forexlive.com. Source