Goldman Sachs expects the Federal Reserve to begin cutting interest rates in September, projecting three consecutive 25bp reductions—one at each meeting through year-end— provided inflation expectations stay anchored.
September 16-17 October 28-29 December 9-10The bank emphasises that the easing cycle is contingent on inflation not flaring up again, but with current trends holding, it sees room for a gradual but steady policy pivot.
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